GeneralNeutralThe Block · 3h ago5/10
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Ark Invest buys $32 million worth of SpaceX shares as stock plunges 16%
Ark Invest purchased $32 million in SpaceX shares as the company's stock (SPCX) declined 16.43% to $154.60, wiping out most gains since its June 12 public debut. The move represents a contrarian investment during the selloff, suggesting institutional confidence despite near-term volatility.
