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ARK's Winton says each Starship launch could add $700 million a year

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Brett Winton, ARK Invest’s chief futurist, argued on Friday that investors are underrating SpaceX’s earning power. Winston estimates that every Starship flight could throw off more than $700 million in fresh annual revenue. On the same day, he made his post, SpaceX (NASDAQ: SPCX) shares jumped due to a run of successful launches and expanding... Crypto Insight Analysis: Direction: Bullish SPCX Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Starship's revenue potential boosts SpaceX's long-term growth outlook.

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