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Ark Invest buys about $32.5M of SpaceX shares after 16.43% drop on June 23
Ark Invest bought 210,121 shares of SpaceX for about $32.5 million after the stock fell 16.43% in a single session. The purchases were spread across ARKK, ARKQ, ARKW and ARKX. The move follows Ark’s larger build on June 12, when it bought about $444.3 million worth of shares on SpaceX’s first day of trading. SpaceX also announced its first bond offering, with proceeds earmarked to repay a bridge loan and for general corporate purposes.