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Cathie Wood Keeps The Faith; Rakes In Diving SpaceX, Tesla Shares

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10:54 AM ET 07/28/2026

It's been another tough week for Elon Musk's market cap, as shares of Tesla and SpaceX both continue to slide. But as the two companies extend their losing streaks, they can apparently rely on one of Musk's biggest backers to keep the faith. On Monday, Cathie Wood added shares of SpaceX (SPCX) and Tesla (TSLA) after both fell more than…