SpaceX Plunges 16% on Monday; ARK Invest Buys $32.5M Worth Amid Selloff

According to ARK Invest disclosures, SpaceX (SPCX) fell 16% on Monday (June 22) to close at $154.60, part of a three-day decline that wiped out over $600 billion in market value. ARK Invest capitalized on the selloff, purchasing 210,121 SpaceX shares across four ETFs—ARKK, ARKQ, ARKW, and ARKX—for approximately $32.5 million at closing prices. Following the purchase, SpaceX became the sixth-largest holding in ARKK (4.46% of portfolio) and the top position in ARKX.
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