ARK Buys the Dip on Musk’s SpaceX for $20.5 Million While Cathie Wood Trims Robinhood Stake

21-Jul-2026 Bitcoin.com
Image of Cathe Wood speaking at a conference.Cathie Wood’s ARK Invest bought 170,634 shares of SpaceX (Nasdaq: SPCX) worth $20.5 million on July 20 as the stock traded near $119.85, even as the company’s shares remain well below their initial public offering (IPO) price. The same day, ARK sold 41,322 shares of Robinhood (Nasdaq: HOOD) worth $4.1 million. A Familiar Pattern of […]
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