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ARK Invest Buys Nearly $15 Million in SpaceX Against the Trend on Wednesday, Sells Over $10 Million in Robinhood Stock
BlockBeats News, July 23rd, ARK Invest's funds collectively bought 12.14 thousand shares of SpaceX stock, worth approximately $149.96 million; at the same time, they sold 9.73 thousand shares of Robinhood stock, worth around $103.51 million, continuing the recent selling trend. ARK also purchased approximately $4.965 million worth of shares of the electric aircraft company Archer Aviation on the same day.
In earlier news, SpaceX closed down over 6% yesterday, hitting a new low since its IPO.
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Robinhood focuses on mainstream finance, while Coinbase focuses on crypto infrastructure.
Ark is also closely watching the development of Ethereum and has already laid out.
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What additional valuation can the AI unicorn behind in line achieve, which is a bigger question than SpaceX itself
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3h ago
24H Important News
2026-11-12
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