SpaceX rises after Ark's Cathie Wood estimates $10 trillion Starship revenue by 2030

** SpaceX shares SPCX.O rise 4.7% to $150.10 after bullish post from U.S. tech investor and Ark Investment Management founder Cathie Wood on social media platform X.com

** Wood wrote in a post late on Tuesday, "Each Starship launch could generate $1 billion in revenue. Elon is aiming for 10,000 flights per year, or $10 trillion in Starship revenues, by 2030. If SpaceX achieves this goal, its $1.75 trillion IPO will be considered, in hindsight, a deep value opportunity!"

** The comments come after SPCX said earlier in the day it was preparing to launch its next Starship flight test as soon as September 22, a mission expected to send the vehicle into orbit for the first time and deploy Starlink V3 satellites

** SPCX holds a 6.3% weight on Ark Invest's Innovation ETF ARKK.P, the fund's biggest holding after Tesla TSLA.O

** SPCX is up about 11% from its IPO price of $135