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Cathie Wood Buys 3.3 Million SpaceX Shares On IPO Day

Licensing

11:20 AM ET 06/13/2026

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. On Friday, ARK Invest sold another roughly 948,000 shares of 13…