Ark Invest buys approximately $32.5 million worth of SpaceX shares on Monday

CoinFeed June 23 news, according to The Block, Cathie Wood's Ark Invest bought approximately $32.5 million worth of SpaceX shares on Monday, involving 210,121 shares across four ETFs. SPCX fell sharply by 16.43% on the day, closing at $154.60, essentially erasing gains since its listing. The stock opened at $150 on its first day of listing on June 12, rose to a high of $225.64 on June 16, then pulled back. SpaceX became the sixth largest holding in ARKK, accounting for 4.46%, 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 undisclosed size, intended to repay bridge loans and for general corporate purposes.