$SPCX - CATHIE WOOD BUYS SPACEX DIP
ARK Invest bought more than 210,000 SpaceX shares worth at least $32 million after the stock plunged 16%.
The purchase adds to ARKβs existing position following SpaceXβs IPO, with Cathie Wood viewing the selloff as a buying opportunity.
Despite the recent drop, SpaceX shares remain above their $135 IPO price.