Cathie Wood’s Ark Investments added nearly $32.5 million in SpaceX stock to four exchange-traded funds after the stock price fell more than 16% from recent highs.
According to Ark Invest’s daily trading disclosure on Monday, the company bought 210,121 shares of SpaceX ticker SPCX across ARK Innovation ETF (ARKK), ARK Autonomous Technology & Robotics ETF (ARKQ), ARK Next Generation Internet ETF (ARKW), and ARK Space Exploration & Innovation ETF (ARKX). Based on SpaceX’s closing price of $154.60, the purchase price is worth approximately $32.48 million.
Here are all the moves Cathie Wood and Ark Invest made on the stock market today 6/22.
Cathie Wood and Ark Invest purchased 210,121 shares of SpaceX $SPCX stock today pic.twitter.com/VSg2LhMoPO
— Ark Invest Tracker (@ArkkDaily) June 23, 2026
SpaceX stock closed down 16.43% on Monday. The stock debuted on the Nasdaq on June 12th at $150 per share, before reaching an intraday high of $225.64 on June 16th. By the close of trading Monday, that gain had largely disappeared, with the stock trading around $154.60, based on market data from Yahoo Finance.
Ark’s latest holdings disclosure makes SpaceX one of the company’s largest positions. The stake represents 4.46% of ARKK, with total assets of approximately $313.7 million. SpaceX ranked as the 4th largest holding in ARKQ, the largest holding in ARKX, and the 10th largest holding in ARKW.
Ark added to existing SpaceX position
The acquisition follows a much larger investment Ark made on SpaceX’s first day public.
On June 12, Ark acquired approximately 3.29 million SpaceX shares worth approximately $444.3 million across the same four ETFs. The ARKK Innovation ETF received the largest allocation, purchasing approximately 1.69 million shares, while ARKQ, ARKW, and ARKX purchased smaller amounts.
Ark had exposure to SpaceX through the Ark Venture Fund prior to the company’s listing. Fund disclosures listed SpaceX as the venture fund’s largest holding earlier this year.
Ark Invest founder and CEO Cathie Wood has also publicly supported the company’s long-term outlook. Earlier this month, Wood told Fox Business that SpaceX is “10 years ahead of everyone else” in the space.
Ark’s internal valuation model projects SpaceX’s base-case enterprise value to be around $2.5 trillion by 2030, while the company’s bullish estimate is around $3.1 trillion.
Bond sales announced as trading activity increases
SpaceX also announced its first bond offering on Monday, but the company did not disclose the size of the deal.
The company said the proceeds from the sale will repay outstanding borrowings under the Bridge Loan Facility, cover related costs and support general corporate purposes.
SpaceX entered the public market with an IPO valuation of approximately $1.77 trillion, making it the largest public listing in history. This debut also sparked significant activity beyond traditional stock markets. HyperLiquid’s HIP-3 perpetual contract tied to SpaceX is publicly traded under the symbol SPCX and generated approximately $1.4 billion in trading volume on the stock’s first day.
The latest SpaceX acquisition also fits a pattern seen across Ark’s recent portfolio activities. Last week, the investment firm bought about $18.4 million worth of Coinbase stock after the cryptocurrency exchange’s stock price fell nearly 13% in a month. Ark added $4.4 million worth of bullish shares in May after a prolonged decline in the exchange operator’s stock price.
