PANews, June 23 – According to The Block, Cathie Wood’s Ark Invest bought approximately $32.5 million worth of SpaceX shares on Monday, totaling 210,121 shares across four ETFs. SPCX fell sharply by 16.43% that day, closing at $154.60, essentially erasing all gains since its listing. The stock opened at $150 on its first trading day, June 12, and after reaching a high of $225.64 on June 16, it pulled back.

SpaceX has become the sixth-largest holding in ARKK, accounting for 4.46%, or approximately $313.7 million. SpaceX is also the fourth-largest holding in ARKQ, the largest in ARKX, and the tenth-largest in ARKW. On the same day, SpaceX announced its first bond issuance, with the size undisclosed, intended to repay bridge loans and for general corporate purposes.