<div id="readability-page-1"><p>Cathie Wood's ARK Invest ETFs (exchange-traded funds) added a new top holding on Friday, June 12. The firm bought more than $444 million worth of SpaceX (SPCX), the rocket and satellite company led by Elon Musk. Alongside the SpaceX purchase, ARK trimmed several existing holdings. These included Advanced Micro Devices (AMD), Tesla (TSLA), Roku (ROKU), Baidu (BIDU), and Rocket Lab (RKLB).</p><h3>Introducing TipRanks MCP for Agents</h3><p><span>Looking for exposure to SpaceX &amp; Anthropic? </span>Check out AGIX ETF</p> <h2><strong>SpaceX Was Wood's Largest Purchase</strong></h2> <p>SpaceX was by far ARK's largest buy of the day. The firm bought 3.29 million shares across several ETFs. The purchase was worth about $444.3 million.</p> <p>The move came just after SpaceX's market debut. Shares jumped 19.22% on Friday and closed at $160.95. The rally pushed the firm's market value to about $2.1 trillion. That made SpaceX the sixth-most valuable U.S. company and moved it ahead of Tesla.</p> <p>Wall Street is still taking a cautious view. Analysts have a Hold consensus rating on the stock. The average SPCX price target of $152.50 points to about 5% downside from current levels.</p> <h2><strong>AMD </strong><strong>Was ARK's Largest Sale</strong></h2> <p>While SpaceX was ARK's biggest purchase, AMD was its biggest sale. The firm sold 80,536 shares worth about $39.3 million across the ARK Autonomous Technology &amp; Robotics ETF (ARKQ), ARK Next Generation Internet ETF (ARKW), and ARK Space Exploration &amp; Innovation ETF (ARKX).</p> <p>The sale came after a huge run in AMD stock. Shares have gained 138.87% so far this year and closed 4.7% higher at $511.57 on Friday. Even after that rise, Wall Street still has a Strong Buy consensus rating on the stock.</p> <h2><strong>Tesla, Roku, Baidu, and Rocket Lab Also See Sales</strong></h2> <p>ARK also reduced several other holdings. The firm sold 39,850 Tesla shares worth about $15.9 million. Tesla closed at $406.43 and carries a Moderate Buy consensus rating.</p> <p>Roku was another notable sale. ARK sold 98,835 shares worth about $11.8 million. The streaming platform stock surged 20.08% on Friday to close at $143.66. Even after the jump, analysts still see room for gains. Wall Street has a Strong Buy consensus rating on Roku. The average ROKU price target of $153.15 implies about 6.6% upside.</p> <p>At the same time, ARK sold 67,420 shares of Baidu, worth about $7.8 million. The Chinese tech firm has had a tough year, with shares down 11.4% year to date. Still, analysts see strong upside. Their average price target of $169.11 suggests gains of more than 46%.</p> <p>ARK also trimmed its stake in Rocket Lab, the space launch firm. The company sold 50,746 shares worth about $5.8 million. Rocket Lab stock fell 10.79% on Friday and closed at $102.39. Analysts rate the stock a Moderate Buy. Their average RKLB price target of $105.78 suggests modest upside ahead.</p> <h2><strong>How Wall Street Views ARK's Latest Trades</strong></h2> <p>Among ARK's latest trades, Wall Street is most bullish on Baidu. Analysts see more than 46% upside from current levels. Roku and Rocket Lab also have upside based on analyst targets. Tesla's target sits close to its current share price.</p> <p>Meanwhile, analysts see limited upside for AMD and expect SpaceX to trade slightly below its current price.</p></div>

TSLA

BIDU

<p>ARK Invest purchased $444 million in SpaceX shares, making it a top holding following the company's market debut. Concurrently, ARK sold significant stakes in AMD ($39.3M), Tesla ($15.9M), Roku ($11.8M), Baidu ($7.8M), and Rocket Lab ($5.8M). While analysts view Baidu most bullishly with over 46% upside, they see limited potential for AMD and slight downside for SpaceX.</p>

- Cathie Wood's ARK Invest purchased over $444 million worth of SpaceX shares, marking it as the largest buy on June 12, 2026.  
- Additionally, ARK trimmed its holdings in several companies, including selling $39.3 million worth of Advanced Micro Devices and reducing stakes in Tesla and Roku among others.  
- Analysts have a cautious outlook on SpaceX, whereas they are more optimistic about Baidu, Roku, and Rocket Lab, each indicating potential upside despite recent market fluctuations.

Tip Ranks

Tesla

Baidu

GraniteShares 1.25 Long TSLA Daily ETF

Roku

SpaceX

BIDU-SW

Planet Labs

AST SpaceMobile

Rocket Lab

Destiny Tech100

Fundrise Innovation Fund LLC

Echostar

Defiance Daily Target 2X Long RKLB ETF

Simplify Volt TSLA Revolution ETF

XL2CSOPTSLA

Direxion Daily AMD Bull 2X Shares

T-Rex 2X Long Tesla Daily Target ETF

AXS TSLA Bear Daily ETF

Direxion Daily TSLA Bull 2X Shares

Leverage Shares 2X Long TSLA Daily ETF

T-Rex 2X Inverse Tesla Daily Target ETF

GraniteShares 2x Long AMD Daily ETF

GraniteShares 2x Short TSLA Daily ETF

Direxion Daily TSLA Bear 1X Shares

ISHRS Aero & Def

Leverage Shares 2x Cpd Acclrtd TSLAMnETF

Tianhong CNI Aerospace ETF

Huatai-PB CSI All Share Aviation & Aerospace ETF

Invesco Aero & Defense ETF

ChinaAMC CNI Aerospace ETF

Direxion Daily AMD Bear 1X Shares

GraniteShares 2x Long TSLA Daily ETF

ARK Space Exploration & Innovation ETF

Tradr 2X Long ASTS Daily ETF

Proshares Ultra TSLA

SPDR S&P Aerospace & Def

TSLA WeeklyPay™ ETF

Yieldmax Tsla Option Income ETF

GraniteShares YieldBOOST TSLA ETF

xETFs TSLA Daily Income ETF

YieldMax Short TSLA Option Inc Strgy ETF

LEVERAGE SHARES 2X LONG SPCX DAILY ETF

ProShares Ultra SpaceX

GS 2x Long SpaceX Dl ETF

GS 2x Short SpaceX Dl ETF

LEVERAGE SHARES 2X SHORT SPCX DAILY ETF

Defiance Daily Target 2X Long [SpcX] ETF

KraneSharesArtfclIntglcandTechPub-PvtETF

ARK Autonomous Tech & Robotics ETF

ARK Next Gen Internet ETF

BIDU-SWR

Cathie Wood Makes a Huge Bet on SpaceX with $444M Buy. What Else Did ARK Buy and Sell? 6/14/26