Ark Invest bought $16.6 million of SpaceX shares across four ETFs while selling $3.9 million of Robinhood stock on Wednesday, July 15, 2026.

Cathie Wood's ARK Invest was extremely active last week, adding SpaceX and Meta, while selling AMD and Robinhood stock.

SpaceX went public a month ago in a record IPO. Elon Musk's space and AI company was added to the Nasdaq-100 last week.

SpaceX stock fell below its IPO price after a sharp rally. Here's why the shares dropped, what analysts say, and what it means for investors.

SpaceX shares dropped below the $135 IPO price on July 15, falling over 30% from post-listing highs and shaking both traditional and tokenized equity

The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and after SpaceX went public.

The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and after SpaceX went public.

Ark Invest bought $16.6 million of SpaceX shares across four ETFs while selling $3.9 million of Robinhood stock on Wednesday, July 15, 2026.

SpaceX shares fell to $135, matching its June IPO price, after briefly dipping below $133 amid anticipation for the upcoming Starship launch.

Ark Invest bought $52.1 million in SpaceX shares last week, pushing total post-IPO purchases past $475 million while also adding Coinbase and Circle

The selloff is an ominous sign as more shares are likely to flood the market.