Business Article
Cathie Wood Makes $20M Bullish Bet On SpaceX Stock As Short Sellers Rake In $4B Profit
On July 21, 2026 by voice

On Monday, Cathie Wood’s ARK Invest bought more than $20 million worth of SpaceX shares. The purchase is viewed as a “buy the dip” strategy as Elon Musk-led SpaceX stock continued its sharp run of losses after the IPO.