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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Cathie Wood Scoops Up SpaceX Shares Again as Stock Dips, Ark Keeps Offloading AMD Shares

SpaceX AMD ARK Cathie Wood BABA Alibaba Ark Invest Starlink Alibaba Group Holding Ltd ARKG
Ark Invest Keeps Dumping Tesla, Doubles Down On This Company Termed China's Nvidia

Cathie Wood’s Ark Invest made major moves in both Space Exploration Technologies Corp. (NASDAQ:SPCX) and Alibaba Group Holding Ltd. (NYSE:BABA) on Wednesday, July 8, as the firm leaned into two high-profile names that were both in the news. SpaceX drew attention after hiking Starlink aviation prices, while Alibaba gained momentum as the stock rallied on renewed optimism around China tech.

The SpaceX Trade

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