To The Moon

Cathie Wood’s ARK Invest has bought $18.3 million of SpaceX shares after the stock fell 5.43% to a new post-IPO low, according to the firm’s July 17 trading report.ARK Invest bought $18.3 million of SpaceX shares after the stock hit a post-IPO low.Four ARK ETFs acquired 147,623 shares as SpaceX closed 8.2% below its IPO price.SpaceX delayed Starship Flight 13 after two Raptor engines failed during pre-flight testing.According to ARK’s daily disclosure, four of its actively managed exchange-traded funds purchased a combined 147,623 SpaceX shares as the stock closed Friday at $123.99. During the session, shares dropped as low as $122.12.ARK adds to its SpaceX position below the IPO price. As crypto.news previously reported, ARK bought roughly $52.1 million of SpaceX shares during the week ending July 10 through the ARKK, ARKQ, ARKW and ARKX funds. Data from Ark Invest Tracker showed that those purchases lifted the firm’s investment since the June IPO above $475 million.Commenting on the

In Samuel Beckett's Waiting for Godot, two characters, Vladimir and Estragon, spend most of the play waiting for a mysterious Godot, who doesn't arrive.That's a little like the situation...

$SpaceX(SPCX)$ stock sank Monday. The shares have lost some magic after the company’s mega IPO as investors digest news of a new bond offering.SpaceX said Monday that it would issue its first...