According to the July 17 transaction disclosure of ARK Invest Investment Management Company, a subsidiary of “Sister Mu” Cathie Wood, ARK Invest bought the stock worth 18.3 million dollars after SpaceX's stock price fell below the issue price on Friday. ARK Invest's four actively managed ETFs bought a total of 147,623 shares. The stock closed at $123.99 on the same day, hitting an intraday low of $122.12. This purchase was more like a firm increase in holdings rather than a hedging operation in the process of weakening stock prices, because the transaction further expanded the large positions ARK had previously held. According to data tracking ARK's holdings, as of the week ending July 10, the company purchased a total of about US$52.1 million in related shares through its ARKK, ARKQ, ARKW and ARKX funds, making ARK's cumulative investment amount over US$475 million since SpaceX went public in June. This shows that Cathie Wood's team has always viewed every drop as a buying opportunity rather than a warning sign.

According to the July 17 transaction disclosure of ARK Invest Investment Management Company, a subsidiary of “Sister Mu” Cathie Wood, ARK Invest bought the stock worth 18.3 million dollars after SpaceX's stock price fell below the issue price on Friday. ARK Invest's four actively managed ETFs bought a total of 147,623 shares. The stock closed at $123.99 on the same day, hitting an intraday low of $122.12. This purchase was more like a firm increase in holdings rather than a hedging operation in the process of weakening stock prices, because the transaction further expanded the large positions ARK had previously held. According to data tracking ARK's holdings, as of the week ending July 10, the company purchased a total of about US$52.1 million in related shares through its ARKK, ARKQ, ARKW and ARKX funds, making ARK's cumulative investment amount over US$475 million since SpaceX went public in June. This shows that Cathie Wood's team has always viewed every drop as a buying opportunity rather than a warning sign.