---
title: "SpaceX Stock: Cathie Wood Bought More SPCX As It Dived 16%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290572900.md"
description: "On Monday, Cathie Wood's company ARK Invest acquired over 200,000 shares of Elon Musk's SpaceX as the stock plummeted by 16%. This move came amidst a significant drop in the stock value, prompting Wood to increase her stake in the company by purchasing a substantial number of shares. The post highlighting this development was featured on Investor's Business Daily, emphasizing Wood's confidence in SpaceX's long-term prospects even during periods of volatility in the market."
datetime: "2026-06-23T13:17:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290572900.md)
  - [en](https://longbridge.com/en/news/290572900.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290572900.md)
generator: "portal-rs"
---

# SpaceX Stock: Cathie Wood Bought More SPCX As It Dived 16%

On Monday, Cathie Wood's company ARK Invest acquired over 200,000 shares of Elon Musk's SpaceX as the stock plummeted by 16%. This move came amidst a significant drop in the stock value, prompting Wood to increase her stake in the company by purchasing a substantial number of shares. The post highlighting this development was featured on Investor's Business Daily, emphasizing Wood's confidence in SpaceX's long-term prospects even during periods of volatility in the market.

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## Related News & Research

- [Waverly Advisors LLC Makes New $4.50 Million Investment in SpaceX $SPCX](https://longbridge.com/en/news/298705863.md)
- [SpaceX Stock Rises. Analyst Sets $220 Target With 49% Upside](https://longbridge.com/en/news/298356529.md)
- [SpaceX Bull Case 'Rests Almost Entirely' on Starship Reuse. Analyst Says Buy Anyway](https://longbridge.com/en/news/298340634.md)
- [SpaceX Reportedly Plans to Deploy First V3 Starlink Satellites With Starship Next Week](https://longbridge.com/en/news/298758623.md)
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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**