Cathie Wood just dumped $SPCX and rotated HARD into air taxi plays. Here's the flow:
Sold:
• $SPCX ~$9.4M - SpaceX just nailed orbit but rumors say they need $40B for Nvidia chips. She's taking chips off after a quick flip
• $TER ~$27.4M - Biggest exit. Chip test equipment, AI tailwind fading. She's done riding this
• $HOOD ~$7.2M - Retail volume drying up = bye
• $DKNG - Dumped the sportsbook, bought the data pipes instead (more on that below)
Bought:
• $ACHR +$12.1M - BIGGEST add. eVTOL play down 50%+ YTD. Now buying Boeing's Wisk/Insitu/SkyGrid = pivoting from pure air taxi dream to defense + logistics revenue
• $JOBY +$4.3M - Down even harder than Archer. FAA pilot programs live. Betting on regulatory unlock
• $VCYT +$18.6M - LARGEST buy overall. Cancer genomics, precision medicine. She's been loading for days
• $AMZN +$9.2M - 2026 capex guidance just hit $220B. This is the AI landlord play, not the moonshot
• $CRWV +$9M - Pure GPU rental to LLM trainers. High beta, high burn, high upside if demand holds
• $META +$8M - Ad base + Muse AI agents. Analysts still see 20%+ upside from here
• $GENI - Swapped $DKNG for the data layer. Selling shovels > running the casino
• $SYM +$4.2M - Walmart warehouse robots. Actual revenue vs. pure concept
• $BIDU +$1M + added $WRD & $PONY - Hedging Robotaxi thesis beyond Tesla. China autonomous plays getting small allocations
TL;DR: She's fading hype (SpaceX fundraise, chip testers, retail brokers) and going ALL IN on air mobility at 52-week lows + precision health + AI infra. Classic ARK: sell strength, buy blood.
Sold:
• $SPCX ~$9.4M - SpaceX just nailed orbit but rumors say they need $40B for Nvidia chips. She's taking chips off after a quick flip
• $TER ~$27.4M - Biggest exit. Chip test equipment, AI tailwind fading. She's done riding this
• $HOOD ~$7.2M - Retail volume drying up = bye
• $DKNG - Dumped the sportsbook, bought the data pipes instead (more on that below)
Bought:
• $ACHR +$12.1M - BIGGEST add. eVTOL play down 50%+ YTD. Now buying Boeing's Wisk/Insitu/SkyGrid = pivoting from pure air taxi dream to defense + logistics revenue
• $JOBY +$4.3M - Down even harder than Archer. FAA pilot programs live. Betting on regulatory unlock
• $VCYT +$18.6M - LARGEST buy overall. Cancer genomics, precision medicine. She's been loading for days
• $AMZN +$9.2M - 2026 capex guidance just hit $220B. This is the AI landlord play, not the moonshot
• $CRWV +$9M - Pure GPU rental to LLM trainers. High beta, high burn, high upside if demand holds
• $META +$8M - Ad base + Muse AI agents. Analysts still see 20%+ upside from here
• $GENI - Swapped $DKNG for the data layer. Selling shovels > running the casino
• $SYM +$4.2M - Walmart warehouse robots. Actual revenue vs. pure concept
• $BIDU +$1M + added $WRD & $PONY - Hedging Robotaxi thesis beyond Tesla. China autonomous plays getting small allocations
TL;DR: She's fading hype (SpaceX fundraise, chip testers, retail brokers) and going ALL IN on air mobility at 52-week lows + precision health + AI infra. Classic ARK: sell strength, buy blood.