Cathie Wood bought more SpaceX stock as the company's post-IPO wipeout topped $1.2 trillion, reinforcing ARK Invest's bullish long-term bet.

Cathie Wood named Tesla and SpaceX her top AI picks on July 22, 2026, as ARK Invest deployed over $580M across both stocks in recent weeks.

Ark Invest bought $14.1 million of SpaceX-linked shares and $8.6 million of Tesla stock Monday, July 27, 2026.