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

2026-06-23 12:38

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

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