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.