StocksMedium•5 November 2026•
1 min read
Cathie Wood's Ark Invest Acquires $47.4 Million Stake in SpaceX
Key Facts
1Cathie Wood's Ark Invest funds purchased 348,406 shares of SpaceX for a total value of $47.4 million.
2Ark funds trimmed their position in Alphabet for a second consecutive session alongside the purchase.
Cathie Wood's Ark Invest funds purchased 348,406 shares of SpaceX for a total value of $47.4 million. Benzinga reported that Ark funds trimmed their position in Alphabet for a second consecutive session alongside the purchase. The investment follows SpaceX's AI computing segment becoming the company's primary revenue driver.
SPCX closed at $135.92 on November 4, 2026, while GOOGL closed at $288.93 on the same date. Within the broader technology sector, AAPL closed at $349.51 on November 4, 2026, META ended the session at $630, and MSFT closed at $555.8.