Ark Invest doubles down on SpaceX with $52m weekly buying spree
Cathie Woods Ark Invest has increased its exposure to SpaceX with purchases worth about $52.1 million during the week ended July 10, while cutting positions in semiconductor, streaming and genomics companies as it continued adjusting its portfolios. SummaryArk Invest bought about $52.1 million worth of SpaceX shares while adding to positions in Coinbase, Circle and several AI and healthcare companies.The firm reduced holdings in AMD, Roku, Deere and multiple genomics stocks as it continued rebalancing its ETF portfolios.The latest purchases extend Ark‘s recent strategy of increasing its SpaceX position after earlier buying during the stock’s post IPO decline. According to Ark Invest‘s latest weekly trading disclosure, Space Exploration Technologies Corp. (SPCX) received the firm’s largest allocation by value across multiple exchange-traded funds. Here is every move Cathie Wood and Ark Invest made in the stock market today 7/13 pic.twitter.com/Y63Rp2vSls — Ark Invest Tracker (@ArkkDaily) July 14, 2026 The investment manager also bought shares of Eli Lilly, Meta Platforms, X-Energy, Coinbase Global and Circle Internet Group, alongside several healthcare, artificial intelligence and defence-related companies. Across individual funds, Ark added SpaceX shares to ARKK, ARKQ, ARKW and ARKX. The latest filings also showed fresh purchases of X-Energy across three ETFs, while Block, Kratos Defense & Security Solutions, Oklo,