00:00SpaceX has had a rollercoaster week.
00:03The company aborted its 13th Starship test launch at the last second on Thursday,
00:08causing shares to tumble below their IPO price.
00:11The automated system shut down the engines just moments before liftoff from Starbase, Texas.
00:16Elon Musk said some engines didn't start and the team will try again in a few days.
00:21This was supposed to be the first launch since SpaceX's record-breaking IPO in June.
00:25The stock has dropped about 30% from its peak, losing roughly $1 trillion in value.
00:31Short sellers have reportedly profited $8.7 billion from the decline.
00:36But Cathie Wood's ARK Invest sees an opportunity.
00:39They've bought nearly $20 million in SpaceX shares this week alone.
00:44Despite the setbacks, Starship is critical for NASA's Artemis Moon missions.
00:48Meanwhile, new geopolitical concerns have emerged,
00:51with reports that Russia and China are seeking ways to disable SpaceX's Starlink network.
00:55Whether it's a new empire or wind-breaking network or air-working network,
00:56whether it's a new company or a new company or a new company...
00:56...we can see that even if you can see that the market will be remembered as an enemy.
00:56...
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