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Kevin Helms

ARK Invest buys nearly 3.3 million SpaceX shares across three ETFs after Nasdaq debut

Cathie Wood’s ARK Invest bought nearly 3.3 million SpaceX shares for three exchange-traded funds after the company began trading. The move expanded ARK’s exposure to SpaceX’s rockets, Starlink broadband business and AI-linked infrastructure plans, along with SpaceX’s 18,712 BTC treasury position. The purchases followed SpaceX’s Nasdaq debut, Investor’s Business Daily reported.
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