{"id":34378,"date":"2026-07-14T08:28:44","date_gmt":"2026-07-14T08:28:44","guid":{"rendered":"https:\/\/bitunikey.com\/news\/ark-invest-doubles-down-on-spacex-with-52m-weekly-buying-spree\/"},"modified":"2026-07-14T08:28:57","modified_gmt":"2026-07-14T08:28:57","slug":"ark-invest-doubles-down-on-spacex-with-52m-weekly-buying-spree","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/ark-invest-doubles-down-on-spacex-with-52m-weekly-buying-spree\/","title":{"rendered":"Ark Invest doubles down on SpaceX with $52m weekly buying spree"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Cathie Wood\u2019s Ark Invest has increased its exposure to SpaceX with purchases worth about $52.1 million during the week ended July 10, while cutting positions in semiconductor, streaming and genomics companies as it continued adjusting its portfolios.<\/p>\n<div id=\"cn-block-summary-block_1778dd5230d21082a389dd0f626ef118\" 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 about $52.1 million worth of SpaceX shares while adding to positions in Coinbase, Circle and several AI and healthcare companies.<\/li>\n<li>The firm reduced holdings in AMD, Roku, Deere and multiple genomics stocks as it continued rebalancing its ETF portfolios.<\/li>\n<li>The latest purchases extend Ark\u2019s recent strategy of increasing its SpaceX position after earlier buying during the stock\u2019s post IPO decline.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to Ark Invest\u2019s latest weekly trading disclosure, Space Exploration Technologies Corp. (SPCX) received the firm\u2019s largest allocation by value across multiple exchange-traded funds.<\/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 7\/13 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/Y63Rp2vSls\">pic.twitter.com\/Y63Rp2vSls<\/a><\/p>\n<p>\u2014 Ark Invest Tracker (@ArkkDaily) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/ArkkDaily\/status\/2076819994176794818?ref_src=twsrc%5Etfw\">July 14, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The investment manager also bought shares of Eli Lilly, Meta Platforms, X-Energy, Coinbase Global and Circle Internet Group, alongside several healthcare, artificial intelligence and defence-related companies.<\/p>\n<p>Across individual funds, Ark added SpaceX shares to ARKK, ARKQ, ARKW and ARKX. The latest filings also showed fresh purchases of X-Energy across three ETFs, while Block, Kratos Defense &amp; Security Solutions, Oklo, Pony AI, Kodiak AI and WeRide were among other additions. In healthcare, the firm increased positions in companies including Ionis Pharmaceuticals, Beam Therapeutics, Prime Medicine, Alamar Biosciences, Compass Pathways, and Recursion Pharmaceuticals.<\/p>\n<h2 class=\"wp-block-heading\">Ark continues buying SpaceX after earlier dip purchases<\/h2>\n<p>The latest trades extend Ark\u2019s recent buying activity in SpaceX after several purchases made during the stock\u2019s post-listing decline.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Last month, the investment firm bought about $32.5 million worth of SpaceX shares after the stock dropped more than 16% from its post-IPO peak. The purchase followed an even larger investment of roughly $444.3 million made across four ETFs on the company\u2019s Nasdaq debut on June 12.<\/p>\n<p>Ark had also held exposure to SpaceX before its public listing through the ARK Venture Fund, where the aerospace company ranked as the fund\u2019s largest holding. Earlier this month, Cathie Wood told Fox Business that SpaceX held a \u201c10-year lead\u201d over competitors, while Ark\u2019s internal valuation models projected a base-case enterprise value of about $2.5 trillion by 2030 and a bull-case estimate of approximately $3.1 trillion.<\/p>\n<p>Meanwhile, the latest portfolio changes showed the firm reducing holdings in Advanced Micro Devices, Roku, Robinhood Markets, Deere, and Iridium Communications. The disclosures also listed sales of several genomics companies, including Natera, Illumina, Twist Bioscience, 10x Genomics and BioNTech, alongside smaller reductions in Personalis, Absci and Strata Critical Medical.<\/p>\n<p>The changes come ahead of the second-quarter earnings season, with the latest disclosures indicating continued portfolio rebalancing across Ark\u2019s actively managed funds.<\/p>\n<p>The recent buying activity also follows a pattern seen in previous weeks. On June 26, Ark increased its holdings in Coinbase, Circle, Bullish, and Robinhood after all four stocks declined during the trading session. Earlier in June, the firm also purchased about $18.4 million worth of Coinbase shares after the crypto exchange had fallen nearly 13% over the preceding month.<\/p>\n<p>Ark manages its exchange-traded funds under a policy that limits any single holding to no more than 10% of a portfolio. The firm periodically adjusts positions to keep those weightings within its target allocations as share prices change.<\/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 increased its exposure to SpaceX with purchases worth about $52.1 million during the week ended July 10, while cutting positions in semiconductor, streaming and genomics&hellip;<\/p>\n","protected":false},"author":1,"featured_media":33125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34378","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\/34378","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=34378"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34378\/revisions"}],"predecessor-version":[{"id":34379,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34378\/revisions\/34379"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/33125"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=34378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=34378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=34378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}