Cathie Wood through ARK Invest yesterday bought over $54 million worth of shares in SpaceX, NVIDIA, and Circle.
ARK Invest is one of the best-known investment companies in the United States, founded by Cathie Wood in 2014. The company specializes in technologies, AI, robotics, space, and other “disruptive innovations” and manages about $30 billion in assets.
Moreover, ARK bought SpaceX specifically after a major drop.
And today, when everyone expected pressure due to the unlocking of almost 900 million shares, SpaceX instead didn’t fall—it actually rose by almost 6%. A classic: while some are afraid, others calmly buy more on the decline—and that’s how they make big money.
It’s good that thanks to Binance, such moves are reflected on bstocks, where trading goes without stops and without a large amount of capital (even $5 is enough), and you can follow the smart money.
Yesterday, the first SpaceX report was released, and it exceeded all expectations:
• $7.814 billion (+92% YoY) represents revenue. • adjusted EBITDA $3.538 billion (+191%) • net loss narrowed to $541 million.
If the US market rebounds in August, $SPCXB may gain additional momentum, but in the short term there is a nuance: the unlocking of ~912 million shares on August 6 and high AI Capex, which could put significant pressure on the price.