Ark Invest Increases Positions in Archer Aviation, CoreWeave, and Rocket Lab
Cathie Wood's Ark Invest has executed new purchases of Archer Aviation (ACHR), CoreWeave (CRWV), and Rocket Lab (RKLB). These acquisitions come as all three companies have experienced significant price declines year-to-date, with some stocks falling as much as 42% in 2026. Archer Aviation is currently focused on clearing FAA requirements for its Midnight eVTOL aircraft, with revenue projected to grow from $17 million in 2026 to over $2 billion by 2030. Despite current volatility and technical limitations like range, the company maintains a strong cash position of over $1.3 billion. The move reflects Wood's strategy of buying high-growth potential stocks during periods of market weakness.
Topics: Ark Invest Cathie Wood eVTOL space industry stock purchases