Cathie Wood’s ARK Invest adds another $57M to SpaceX, sells $39M stake in AMD
ARK Invest has adjusted its portfolio, increasing its stake in SpaceX while divesting from AMD, Shopify, and other holdings.
Sources (5)
- Tracking Cathie Wood: Backing Prime Medicine and SpaceX, Sells Off AtaiBeckley, Shopify Moomoo · 46d ago
- SpaceX (SPCX) Stock Has Plunged 45% From Its Post-IPO High, and Cathie Wood Recently Bought $51 Million of It The Motley Fool · 46d ago
- Cathie Wood's Ark Invest Bought Over $51 Million of SpaceX Stock Last Week Yahoo Finance · 46d ago
- Cathie Wood Adds $18 Million Worth Of SpaceX, These Defense Names Investor's Business Daily · 46d ago
- Cathie Wood’s ARK Invest adds another $57M to SpaceX, sells $39M stake in AMD Seeking Alpha · 46d ago broke it first
Where it stands
ARK Invest, led by Cathie Wood, has executed a series of trades involving SpaceX and several other companies. Coverage from Seeking Alpha, The Motley Fool, Yahoo Finance, Investor's Business Daily, and Moomoo highlights the scale of these transactions.
Reports emphasize that the ARK Invest position in SpaceX grew despite the stock experiencing a 45% decrease from its post-IPO high. Market participants are monitoring future portfolio disclosures to see if this trend of increasing exposure to SpaceX while liquidating positions in tech and defense firms continues.
Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: unsupported claims removed (80% supported) Updated 44d ago.
Answered
What specific actions did ARK Invest take regarding SpaceX?
Coverage indicates that ARK Invest added various amounts to its SpaceX holdings, with recent figures cited including $57 million, $51 million, and $18 million across different reports.
Which companies did ARK Invest sell?
Recent divestments include stakes in AMD, Shopify, and AtaiBeckley.
How has SpaceX stock performed recently?
Reports state that SpaceX stock has declined by 45% from its post-IPO high.
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