IllustrativeCathie Wood’s ARK Pours $36 Million Into SpaceX as Shares Dip Below IPO Price
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Cathie Wood's ARK has invested millions of dollars in SpaceX as the company's shares have fallen below their initial public offering price. The exact amount of the investment is unclear, with reports ranging from over $20 million to $36 million. Analysts reportedly see significant upside potential for the stock, with some predicting an 86% rebound.
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