Cathie Wood's ARK Invest increases holdings of SpaceX shares by over $21 million

Odaily reports that Walter Bloomberg posted on X platform, stating that ARK Invest increased its holdings of SpaceX shares by over 210,000 shares after a 16% drop in SpaceX's stock price, valued at least $32 million. This increase represents ARK adding to its position following the SpaceX IPO, with Cathie Wood viewing the sell-off as a buying opportunity.

Despite the recent decline, SpaceX's stock price remains above its IPO price of $135.