Why did Ark Invest buy more SpaceX shares?

Ark Invest purchased approximately US$32.5 million of SpaceX shares after the stock fell more than 16% from its recent high. The firm bought 210,121 shares across four exchange-traded funds following the decline.

What are Ark Invest's current holdings in SpaceX?

SpaceX represents approximately 4.46% of assets in Ark Invest's flagship ARKK fund. The stock is also held across ARKQ, ARKW and ARKX, making it one of the firm's largest positions.

How much has Ark Invest invested in SpaceX since the IPO?

Ark Invest has purchased approximately US$476.8 million of SpaceX shares since the company's June 12 market debut. This includes an initial US$444.3 million purchase and a further US$32.5 million acquisition announced this week.

What happened to SpaceX shares before Ark Invest's latest purchase?

SpaceX fell from an intraday high of US$225.64 on June 16 to a closing price of US$154.60 on Monday. The decline exceeded 16% from the stock's recent peak following its public listing.

What are Ark Invest's projections for SpaceX?

Ark Invest projects a base-case enterprise value of approximately US$2.5 trillion for SpaceX by 2030. The firm's bull-case estimate values the company at approximately US$3.1 trillion, according to its published models.

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Ark Invest buys $32.5M of SpaceX shares

Written by Heidi Cuthbert Published Jun 23, 2026, 7:15 AMLast Updated Aug 7, 2026, 6:32 AM

Ark Invest purchased approximately US$32.5 million of SpaceX shares after the stock fell more than 16% from its recent high.
The purchase increased SpaceX's weighting across several Ark exchange-traded funds, including a 4.46% allocation in ARKK.
Ark continues to add to its SpaceX position as the company begins public trading and pursues long-term growth plans.

Ark Invest purchased 210,121 shares of SpaceX worth approximately US$32.5 million after the stock declined more than 16% from its recent post-listing high.

The acquisition followed SpaceX's drop from an intraday high of US$225.64 on June 16 to a closing price of US$154.60 on Monday after its Nasdaq debut on June 12.

Ark Invest founder and chief executive officer Cathie Wood previously said SpaceX had a “10-year lead on any other company” in its sector.

The latest purchase was spread across the ARKK, ARKQ, ARKW and ARKX exchange-traded funds, with SpaceX representing approximately 4.46% of assets in the flagship ARKK fund.

Ark's purchase followed an earlier acquisition of approximately 3.29 million SpaceX shares valued at about US$444.3 million on the company's first day of public trading, and following the announcement SpaceX shares closed at US$154.60.

SpaceX also announced its first bond offering, with proceeds intended to repay borrowings under a bridge loan facility and support general corporate purposes.

Ark has projected a base-case enterprise value of approximately US$2.5 trillion for SpaceX by 2030, while the firm's bull-case estimate reaches about US$3.1 trillion, according to its valuation models.