Ark Invest Purchases Over $51 Million Worth of SpaceX Stock

Cathie Wood’s Ark Invest has continued to increase its holdings in newly public SpaceX, buying over $51 million worth of stock last week. The firm allocated the shares across multiple ETFs including ARKK and ARKQ.

By Eric Volkman, The Motley Fool Thu, July 16, 2026 at 4:35 PM GMT+3 4 min read · Yahoo Finance · July 16, 2026, 13:35 UTC

Ark Invest Purchases Over $51 Million Worth of SpaceX Stock

Tickers: $SPCX

Topics: Ark Invest ETFs SpaceX stock purchases

Read the full article at Yahoo Finance

More World news

Senate Minority Leader Schumer Demands Congressional Testimony from Nvidia Following Jensen Huang's Resignation The Verge · November 12, 2026, 18:59 UTC
Nvidia Shares Plunge Following CEO Jensen Huang's Departure Amid Investigation Motley Fool · November 12, 2026, 19:00 UTC
San Francisco Fed President Mary Daly Views AI as Transformative Investment Opportunity Seeking Alpha · November 12, 2026, 19:00 UTC
Jensen Huang Resigns as Nvidia CEO Amid Personal Conduct Controversies and China Export Investigations Motley Fool · November 12, 2026, 18:56 UTC
The Adecco Group Reports Q3 2026 Growth Driven by Temporary Staffing and Margin Expansion PR Newswire · November 12, 2026, 18:54 UTC
Twist Bioscience Projects FY2027 Revenue Between $550M and $560M Seeking Alpha · November 12, 2026, 18:50 UTC
Dixie Group Reports Q3 Sales Growth Amid Margin Pressure and Future Cost-Reduction Targets Seeking Alpha · November 12, 2026, 18:50 UTC
Data I/O Corporation Targets Rapid V-TEK Synergy Realization Amid $80 Million M&A Pipeline Seeking Alpha · November 12, 2026, 18:50 UTC
Leatt Corporation Reports 43% Increase in Q3 Revenue to $20.46 Million Seeking Alpha · November 12, 2026, 18:50 UTC
Parsons Reports Strong Third Quarter Results Driven by High-Margin Product Shift Motley Fool · November 12, 2026, 18:45 UTC