Dossier
Innovation ETF
Coverage of Innovation ETF in the Nexus archive.
- Cathie Wood just bought the SpaceX dip again—and dumped Alibaba to do it
Cathie Wood and ARK Invest added $7 million to SpaceX stock, marking the third time they've bought the dip since its IPO, while selling Alibaba shares to free up cash. ARK believes SpaceX could reach a $3.1 trillion enterprise value by 2030, driven by AI, data centers, and aerospace.