Cathie Wood’s $20 million SpaceX bet pays off as stock jumps 7%
Cathie Wood’s $20 million SpaceX bet pays off as stock jumps 7%
ARK Invest bought 170,634 SpaceX shares worth about $20.45 million across four ETFs.SpaceX stock jumped 7.10% to $128.37, giving ARK an early paper gain.ARK’s SpaceX investment has surpassed $475 million despite heavy short selling and IPO losses.