Cathie Wood’s ARK Invest Goes All-In On SpaceX IPO With Massive $530M Buy

Cathie Wood’s ARK Invest snapped up a major stake in SpaceX. The firm acquired nearly $530 million worth of shares in the wake of the Elon Musk-led company’s blockbuster debut on the public markets.

Cathie Wood’s ARK Invest Makes Major Investment During SpaceX IPO

On Friday, June 12, the SpaceX stock closed trading at $160.95 per share. This pushed ARK Invest’s total investment valued at more than $529 million, which it executed via its four ETFs.

In a recent trading disclosure, Cathie Wood’s ARK Invest made SpaceX the only stock purchase across its funds, including ARKK, ARKW, ARKQ, and ARKX. All other stock movements suggested a “sell” move.

The ARKK Innovation ETF made the largest investment with a buy of 1,690,839 SPCX shares. The closing price of the stock equates the purchase to about $272.2 million. The position now holds a weight of 3.2789% in the overall ETF portfolio.

Moreover, Cathie Wood’s ARK Autonomous Technology & Robotics ETF purchased 736,442 shares. The stash has a total value of almost $118.5 million, accounting for 4.5423% of its holdings.

In the meantime, ARK Next Generation Internet ETF bought 325,562 shares in the SpaceX stock that were worth around $52.4 million. Furthermore, ARK Space Exploration & Innovation ETF added 538,341 shares valued near $86.6 million. The ARKX portfolio weight for SpaceX stock was the highest among the 4 funds at 6.8899%.

Here is every move that Cathie Wood and Ark Invest made in the stock market today 6/12 pic.twitter.com/ekUNzk1uZN

— Ark Invest Tracker (@ArkkDaily) June 13, 2026

In all, the four additions took place for a total of 3,291,184 SPCX shares. The total reserve was worth more than $529.7 million at the closing bell. However, at the day’s high of $176.52, Cathie Wood’s SpaceX stack value exceeded a whopping $580 million.

Inside SpaceX’s Blockbuster Stock Market Debut

The aggressive buying follows SpaceX’s mega public offering, which offered to raise $75 billion. For this, it issued 556 million SPCX shares at $135 apiece, which would value the company at about $1.77 trillion ahead of the IPO. Moreover, the firm is now valued at a humungous $2.11 trillion, which made Elon Musk the first trillionaire in the world.

It sustained high demand from investors after the launch. The shares were trading at $172 at the opening with a 27.4% gain from the initial price. Moreover, it finished the day at $160.95, up 19.22 %. The extended trading saw further gains with SPCX stock rallying by 3.37% to $166.37.

Meanwhile Cathie Wood’s investment firm sold major stakes in various companies, including Musk’s Tesla. The company has also sold shares of Roku, AMD, Rocket Lab, Cloudflare, CrowdStrike among others. It could have channelized some of the proceeds towards buying the SpaceX stock.

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