Cathie Wood Buys 3.3 Million SpaceX Shares On IPO Day

Corroborated by 2 sources from 2 publishers

globalbusiness2d ago

TL;DR

Cathie Wood’s ARK sells AMD stock, buys SpaceX shares in major trade ARK Invest, the investment firm run by Cathie Wood, scooped up nearly 3.3 million shares of SpaceX (SPCX) on Friday, the day Elon Musk's company went public. In the lead-up to the SpaceX IPO Wood and ARK Invest liquidated almost $280 million worth of stock positions in a week. All rights reserved.

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