Cathie Wood Buys $18M SpaceX Stock As Price Hits All-time Low, Dumps Robinhood

Cathie Wood’s ARK Invest increased its exposure to Space Exploration Technologies Corp. (NASDAQ: SPCX) on Friday, July 17. It purchased nearly $18.3 million worth of shares after the stock tumbled to a new post-IPO low. Meanwhile the investment firm also sold off some of its shares in Robinhood Markets on the same trading day. Ad