Cathie Wood Strongly Backs SpaceX: Could Become "The Most Important Company in Global History"
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Cathie Wood Strongly Backs SpaceX: Could Become "The Most Important Company in Global History"
Although SpaceX (SPCX.O)'s stock price has fallen significantly below the IPO price, Wall Street star fund manager and head of Ark Invest, Cathie Wood, still strongly supports it, stating that this aerospace and satellite network pioneer company could become "the most important company in global history." Ark Invest, under Cathie Wood, also purchased SpaceX stock through multiple ETFs on Wednesday, including ARK Innovation ETF (ARKK), ARK Autonomous Technology & Robotics ETF (BARKQ), ARK Next Generation Internet ETF (ARKW), and ARK Space Exploration & Innovation ETF (ARKX). It is reported that the transaction involved a total purchase of 121,384 shares. Based on SpaceX's closing price of $115.26 on that day, the total investment amount was approximately $14 million. (Jin10)
TechFlow news, July 23: Although SpaceX (SPCX.O)'s stock price has fallen significantly below the IPO price, Wall Street star fund manager and head of Ark Invest, Cathie Wood, still voiced strong support, stating that this aerospace and satellite network pioneer company could become "the most important company in global history." Cathie Wood's Ark Invest also purchased SpaceX stock through multiple ETFs on Wednesday, including ARK Innovation ETF (ARKK), ARK Autonomous Technology & Robotics ETF (BARKQ), ARK Next Generation Internet ETF (ARKW), and ARK Space Exploration and Defense Innovation ETF (ARKX). It is reported that the transaction involved a total purchase of 121,384 shares; calculated at SpaceX's closing price of $115.26 on that day, the total investment amount was approximately $14 million. (Jin10)



