TradingKey – Aft er Elon Musk’s space company SpaceX ( SPCX) completed the largest IPO in h istory on June 12, 2 026, its stock price underwent a sharp deleveraging correction within two weeks, plunging over 23% from a high of $220 in just three days. However, Cathie Wood, who has always favored a contrarian investment approach, did not back down and instead aggressively bought the stock once again. So, exactly how much SpaceX stock did she buy, why is she bullish on it, and is now a good time to buy SPCX?
How much SpaceX stock does ARK Invest hold?
On June 22, as SpaceX’s stock price fell below its listing closing price, Cathie Wood’s ARK Invest spent over $30 million to purchase more than 210,000 additional shares of SpaceX stock….
