Svmuu News: Walter Bloomberg posted on X that ARK Invest increased its holding of SpaceX shares by more than 210,000 shares—worth at least $32 million—after SpaceX’s stock price fell 16%. This purchase represents ARK’s follow-on investment in SpaceX following its IPO, with Cathie Wood viewing the recent sell-off as a buying opportunity.
Despite the recent decline, SpaceX’s stock price remains above its $135 IPO price.
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ARK Invest, led by Cathie Wood, increased its stake in SpaceX by more than $21 million
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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