--- title: "Cathie Wood Sells $12.7 Million Worth Of Archer Aviation Stock, Ark Invest Picks Up DoorDash And Pony AI Amid Robotaxi Push" type: "News" locale: "en" url: "https://longbridge.com/en/news/289134738.md" description: "Ark Invest sold $12.7M in Archer Aviation shares while buying DoorDash and Pony AI stock amid a robotaxi push. Cathie Wood's firm also traded Beam Therapeutics, Baidu, Kodiak AI, and X-Energy." datetime: "2026-06-09T02:48:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289134738.md) - [en](https://longbridge.com/en/news/289134738.md) - [zh-HK](https://longbridge.com/zh-HK/news/289134738.md) --- # Cathie Wood Sells $12.7 Million Worth Of Archer Aviation Stock, Ark Invest Picks Up DoorDash And Pony AI Amid Robotaxi Push On Monday, **Cathie Wood**\-led **Ark Invest** made significant trading decisions involving **Archer Aviation Inc** (NYSE:ACHR), **DoorDash Inc** (NASDAQ:DASH), and **Pony AI Inc** (NASDAQ:PONY). ## The **Archer Aviation** Trade Ark Invest executed a substantial sell-off of **Archer Aviation Inc** shares across its ETFs. The **ARK Innovation ETF** (BATS:ARKK) fund sold 953,336 shares, while **ARK Autonomous Technology & Robotics ETF** (BATS: ARKQ) and **ARK Space & Defense Innovation ETF** (BATS:ARKX) sold 866,604 and 402,452 shares, respectively. Archer’s stock closed at $5.73 on Monday, valuing the total shares sold at approximately $12.7 million. Archer Aviation reported first-quarter results recently that beat expectations, as investors remained focused on its ongoing cash burn and projected second-quarter adjusted EBITDA loss of $170 million to $200 million. The company reiterated plans to launch U.S. operations in 2026, highlighted progress on certification and flight testing, and said it expected to participate in the White House's eVTOL Integration Pilot Program across eight states this year. **Read Also: Nvidia Expands AI Empire In South Korea With SK Hynix, SK Telecom And Naver Deals As Jensen Huang Locks In Critical Memory Supply** ## The DoorDash Trade Ark Invest purchased DoorDash shares through its **ARKQ** and **ARKX** funds. The funds acquired 2,784 and 1,939 shares, respectively, with DoorDash’s stock closing at $152.49. This purchase is valued at approximately $720,210. DoorDash reported first-quarter revenue of $4.04 billion in early May, which missed analyst estimates, while earnings of 42 cents per share topped expectations. Total orders rose 27% year over year to 933 million and Marketplace GOV increased 37% to $31.6 billion. The company projected second-quarter Marketplace GOV of $32.4 billion to $33.4 billion and adjusted EBITDA of $770 million to $870 million, citing strong consumer demand, record membership signups and higher user engagement. ## The Pony AI Trade Ark Invest also made a significant investment in **Pony AI Inc** by purchasing 45,949 shares through the **ARKQ** fund. With Pony AI’s stock closing at $8.96, this transaction is valued at approximately $411,703. Pony AI has been gaining attention due to its ambitious plans for a 3,500-vehicle robotaxi fleet and substantial revenue growth from its robotaxi services. ## **Other Key Trades** - **Beam Therapeutics Inc**. (BEAM): Ark Invest bought 15,114 shares through the **ARKK** fund. - **Baidu Inc**. (BIDU): Ark Invest sold 2,860 shares from the **ARKK** fund. - **Kodiak AI Inc**. (KDK): Ark Invest acquired 34,731 shares through the **ARKQ** fund. - **X-Energy Inc** (XE): Ark Invest purchased 1,217 shares via the **ARKQ** fund and 1,130 shares through the **ARKX** fund. **Benzinga Edge Stock Rankings** indicate Archer Aviation stock has a Momentum score in the 5th percentile. **Read Also: Apple, SUNation Energy, Tango Therapeutics, Applied Digital And Cerebras Systems: Why These 5 Stocks Are On Investors' Radars Today** **_Disclaimer_:** _This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors._ _Photo: PJ McDonnell / Shutterstock _ ### Related Stocks - [09888.HK](https://longbridge.com/en/quote/09888.HK.md) - [BEAM.US](https://longbridge.com/en/quote/BEAM.US.md) - [DASH.US](https://longbridge.com/en/quote/DASH.US.md) - [02026.HK](https://longbridge.com/en/quote/02026.HK.md) - [PONY.US](https://longbridge.com/en/quote/PONY.US.md) - [XE.US](https://longbridge.com/en/quote/XE.US.md) - [ACHR.US](https://longbridge.com/en/quote/ACHR.US.md) - [KDK.US](https://longbridge.com/en/quote/KDK.US.md) - [BIDU.US](https://longbridge.com/en/quote/BIDU.US.md) - [ARCX.US](https://longbridge.com/en/quote/ARCX.US.md) - [DASX.US](https://longbridge.com/en/quote/DASX.US.md) - [ARKK.US](https://longbridge.com/en/quote/ARKK.US.md) - [ARKQ.US](https://longbridge.com/en/quote/ARKQ.US.md) - [ARKX.US](https://longbridge.com/en/quote/ARKX.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [SKM.US](https://longbridge.com/en/quote/SKM.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [TNGX.US](https://longbridge.com/en/quote/TNGX.US.md) - [APLD.US](https://longbridge.com/en/quote/APLD.US.md) - [ACHR+.US](https://longbridge.com/en/quote/ACHR+.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) - [89888.HK](https://longbridge.com/en/quote/89888.HK.md) - [KDKRW.US](https://longbridge.com/en/quote/KDKRW.US.md) ## Related News & Research - [DoorDash (DASH) Launches an AI Waiter to Take Food Orders and Book Your Tables](https://longbridge.com/en/news/289503800.md) - [Early Airbnb, DoorDash backer Y Combinator expects crypto to be used by ‘every’ one of its portfolio companies](https://longbridge.com/en/news/289623817.md) - [Bolt, Stellantis, Pony.ai to launch autonomous vehicle test program in Luxembourg](https://longbridge.com/en/news/289088788.md) - [Europe opening up to self-driving taxis](https://longbridge.com/en/news/288980392.md) - [Cibc World Market Inc. 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