Ark Invest Doubles Down on SpaceX | Business and Finance News

Ark Invest is pouring serious cash into SpaceX, buying over $51 million worth of shares in just one week alone—without selling a single share since the IPO. Their ETFs, including Ark Innovation and Ark Autonomous Tech & Robotics, are aggressively accumulating stakes, with some now holding hundreds of millions in value. This isn’t new—Ark has backed SpaceX through its venture fund for years—but the recent surge signals deep confidence in Elon Musk’s company, despite mixed financial results across its AI, satellite, and social media ventures. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0e03ebebc15935a2