TechFlow News, June 23: ARK Invest, led by Cathie Wood, purchased 210,121 shares of SpaceX stock yesterday, valued at approximately $32.5 million.
Earlier reports indicated that SpaceX’s stock closed down 16.43%, falling over 23% across three consecutive trading days. Its market capitalization shrank by nearly $400 billion in a single day—the second-largest single-day market-cap loss in global corporate history. As of the close on that day, SpaceX’s market capitalization stood at $2.03 trillion, still 14.5% above its initial public offering price of $135 per share.




