Cathie Wood's ARK Invest piled into SpaceX during the stock's post-IPO drop
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Cathie Wood's ARK Invest has invested in SpaceX stock, with some reports indicating the investment was made after the company's initial public offering and amid a decline in the stock's value. The size and timing of the investment are not consistently reported, with some outlets suggesting a large purchase and others providing varying details. ARK Invest's investment in SpaceX is part of the firm's broader portfolio activities, which also include investments in other companies such as Tesla.
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