Cathie Wood is not being subtle about her SpaceX conviction. Ark Invest scooped up roughly $52.1 million worth of SpaceX shares during the week ending July 10, bringing the firm’s total post-IPO investment in Elon Musk’s rocket company north of $475 million.
Ark wasn’t just shopping in the aerospace aisle. The firm simultaneously added to its positions in Coinbase and Circle Internet Group.
The SpaceX spending spree in context
SpaceX debuted on the Nasdaq on June 12, 2026, and Ark spent approximately $444 million on IPO day alone. When the stock pulled back during a late June selloff, Wood doubled down with another $32.5 million in purchases. Last week’s $52.1 million buy was spread across multiple Ark ETFs, including ARKK, ARKQ, ARKW, and ARKX.
SpaceX was already Ark’s largest private holding before the IPO, sitting inside the firm’s venture fund.
