Cathie Wood Invests in Meta Platforms and Rocket Lab Amid Market Downturn
Cathie Wood’s investment firm, Ark Invest, has been acquiring shares of both Meta Platforms (META) and Rocket Lab (RKLB), despite the stocks trading well below their all-time highs. On September 9, 2026, two Ark funds collectively invested $27.9 million in Meta stock, which is currently down 18% from its peak. Wood remains optimistic about Meta’s long-term potential due to its AI-driven ad performance and large user base of over 3 billion daily app users. Rocket Lab has also attracted attention as three Ark ETFs purchased $45 million worth of shares between August 31 and September 8, 2026. Rocket Lab is down nearly 60% from its high earlier in the year but remains a key component within Ark’s space-focused funds. The firm sees significant growth potential in the broader space industry, which Morgan Stanley estimates could reach $1 trillion by 2040.
Tickers: $ARKK $ARKW $META $RKLB
Topics: AI investment thesis Ark Invest ETF performance Meta Platforms (META)