Cathie Wood Invests $36.1 Million in Newly Public SpaceX Stock

Cathie Wood's Ark Investment Management added over $36 million worth of newly public SpaceX stock as it trades below its IPO price, following her strategy to invest during pullbacks after initial rallies. While the flagship Ark Innovation ETF (ARKK) has underperformed compared to broader indices like the S&P 500 in recent years, Wood remains focused on high-growth tech sectors.

By Silin Chen Fri, July 17, 2026 at 5:33 AM GMT+3 6 min read · Yahoo Finance · July 17, 2026, 02:33 UTC

Tickers: $ARKK $SPCE

Topics: ARKK Cathie Wood ETF performance SpaceX

Read the full article at Yahoo Finance

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