Cathie Wood’s Ark Invest buys $27 million of SpaceX stock
Cathie Wood’s Ark Invest added to its SpaceX position after a recent dip in shares, buying 200,000 shares across multiple ETFs. The SpaceX stake is now valued at about $680 million, making it Ark’s second-largest holding. The firm frames its outlook around AI-driven growth, including SpaceX plans for a large network of orbital data centers.
Coverage (5)
- The SpaceX Stock Price Faces 3 Big Challenges in September -- Here's What It Means for Investors. (fool.com)
- The SpaceX Stock Price Faces 3 Big Challenges in September -- Here's What It Means for Investors. (finance.yahoo.com)
- Here's how much it could cost SpaceX to take on Verizon, T-Mobile, and AT&T (finance.yahoo.com)
- Cathie Wood's Ark Bought $27 Million of SpaceX Stock. Here's Whether You Should Follow Her Lead. (fool.com)
- It's True. SpaceX Is Coming to Louisiana. Here's How You Can Profit From That. (finance.yahoo.com)