{"id":32716,"date":"2026-06-23T06:33:37","date_gmt":"2026-06-23T06:33:37","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ark-invest-buys-32-5m-in-spacex-shares-amidst-post-ipo-selloff\/"},"modified":"2026-06-23T06:33:46","modified_gmt":"2026-06-23T06:33:46","slug":"ark-invest-buys-32-5m-in-spacex-shares-amidst-post-ipo-selloff","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ark-invest-buys-32-5m-in-spacex-shares-amidst-post-ipo-selloff\/","title":{"rendered":"Ark Invest buys $32.5M in SpaceX shares amidst post IPO selloff"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Cathie Wood\u2019s Ark Invest has added nearly $32.5 million worth of SpaceX shares to four of its exchange-traded funds after the stock fell more than 16% from its recent highs.<\/p>\n<div id=\"cn-block-summary-block_4b9ea65e6383e6f180a9f7bed9b941da\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Ark Invest bought nearly $32.5 million worth of SpaceX shares after the stock fell more than 16% from its recent high.<\/li>\n<li>SpaceX became one of Ark\u2019s largest holdings following the purchase, with a 4.46% weighting in the flagship ARKK fund.<\/li>\n<li>The latest buy follows Ark\u2019s $444.3 million SpaceX purchase on the company\u2019s first day of public trading in June.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ark Invest\u2019s daily trading disclosure for Monday showed the firm purchased 210,121 shares of SpaceX ticker SPCX across its ARK Innovation ETF (ARKK), ARK Autonomous Technology &amp; Robotics ETF (ARKQ), ARK Next Generation Internet ETF (ARKW), and ARK Space Exploration &amp; Innovation ETF (ARKX). Based on SpaceX\u2019s closing price of $154.60, the purchases were worth about $32.48 million.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Here is every move Cathie Wood and Ark Invest made in the stock market today 6\/22<\/p>\n<p>Cathie Wood and Ark Invest bought 210,121 shares of SpaceX <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/search?q=%24SPCX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SPCX<\/a> stock today <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/VSg2LhMoPO\">pic.twitter.com\/VSg2LhMoPO<\/a><\/p>\n<p>\u2014 Ark Invest Tracker (@ArkkDaily) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/ArkkDaily\/status\/2069209807911805338?ref_src=twsrc%5Etfw\">June 23, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>SpaceX shares closed down 16.43% on Monday. The stock reached an intraday peak of $225.64 on June 16 after debuting on Nasdaq at $150 per share on June 12. By Monday\u2019s close, most of those gains had disappeared, with the stock trading near $154.60, based on Yahoo Finance market data.<\/p>\n<p>Ark\u2019s latest holdings disclosure placed SpaceX among the firm\u2019s largest positions. The stock accounted for 4.46% of ARKK, representing about $313.7 million in assets. SpaceX ranked as the fourth-largest holding in ARKQ, the largest holding in ARKX, and the tenth-largest holding in ARKW.<\/p>\n<h2 class=\"wp-block-heading\">Ark adds to existing SpaceX position<\/h2>\n<p>The latest purchase follows a much larger investment Ark made on SpaceX\u2019s first day as a public company.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>On June 12, Ark acquired approximately 3.29 million SpaceX shares valued at about $444.3 million across the same four ETFs. The ARKK Innovation ETF received the largest allocation, purchasing roughly 1.69 million shares, while ARKQ, ARKW, and ARKX bought smaller amounts.<\/p>\n<p>Ark had exposure to SpaceX before the company\u2019s public listing through its ARK Venture Fund. Fund disclosures listed SpaceX as the venture fund\u2019s largest holding earlier this year.<\/p>\n<p>Cathie Wood, Ark Invest\u2019s founder and chief executive officer, has also publicly backed the company\u2019s long-term prospects. Earlier this month, Wood told Fox Business that SpaceX held a \u201c10-year lead on any other company\u201d in its sector.<\/p>\n<p>Ark\u2019s internal valuation models have projected a base-case enterprise value of about $2.5 trillion for SpaceX by 2030, while the firm\u2019s bull-case estimate reaches approximately $3.1 trillion.<\/p>\n<h2 class=\"wp-block-heading\">Bond sale announced as trading activity remains elevated<\/h2>\n<p>SpaceX also announced its first bond offering on Monday, although the company did not disclose the size of the transaction.<\/p>\n<p>The company said proceeds from the sale would repay outstanding borrowings under its bridge loan facility, cover related expenses, and support general corporate purposes.<\/p>\n<p>SpaceX entered public markets with an IPO valuation of roughly $1.77 trillion, placing it among the largest public listings on record. The debut attracted significant activity beyond traditional equity markets as well. Hyperliquid\u2019s HIP-3 perpetual contract tied to SpaceX, listed under the symbol SPCX, generated about $1.4 billion in trading volume on the stock\u2019s first day.<\/p>\n<p>The latest SpaceX purchase also fits a pattern seen across Ark\u2019s recent portfolio activity. Last week, the investment firm bought roughly $18.4 million worth of Coinbase shares after the crypto exchange\u2019s stock had declined nearly 13% over a one-month period. In May, Ark added more than $4.4 million worth of Bullish shares after a prolonged decline in the exchange operator\u2019s stock price.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cathie Wood\u2019s Ark Invest has added nearly $32.5 million worth of SpaceX shares to four of its exchange-traded funds after the stock fell more than 16% from its recent highs.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":32717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-32716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=32716"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32716\/revisions"}],"predecessor-version":[{"id":32718,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32716\/revisions\/32718"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/32717"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=32716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=32716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=32716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}