Every company is a space company now ...Middle East

Investors have been waiting to see what stocks ARK’s Cathie Wood might stuff in her brand-new space economy exchange traded fund (ETF). Military-industrial giants, surely. SPACs, probably. But how will it generate real exposure to new space firms with largely private ownership?Wood threw a curveball: How about buying stock in John Deere, Netflix, NVidia, and Alibaba?“Maybe the ARK space etf really was cathie picking stocks after eating a space cake,” investor Ross Gerber mused on Twitter.“Who knows but it’s definitely random.”Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.

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