--- title: "SPCX, AMD, XE – Cathie Wood Bets Millions on SpaceX and XE, Sells AMD Again" type: "News" locale: "en" url: "https://longbridge.com/en/news/292077602.md" description: "Cathie Wood's ARK Invest made significant portfolio adjustments on July 7. Key moves included buying $11.1 million in X-Energy (XE) and approximately $7 million in SpaceX (SPCX), while selling $4.8 million in AMD shares. Additional trades involved purchasing Eli Lilly (LLY) and selling BioNTech (BNTX). These actions reflect Wood's strategy of capitalizing on market dips and focusing on disruptive technologies like nuclear energy and space exploration." datetime: "2026-07-08T13:24:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292077602.md) - [en](https://longbridge.com/en/news/292077602.md) - [zh-HK](https://longbridge.com/zh-HK/news/292077602.md) --- # SPCX, AMD, XE – Cathie Wood Bets Millions on SpaceX and XE, Sells AMD Again Cathie Wood's ARK Invest exchange-traded funds (ETFs) made several notable portfolio changes on Tuesday, July 7, according to the firm's daily fund disclosures. Notably, Wood accumulated 44,196 shares of Elon Musk's SpaceX (SPCX) worth roughly $7 million as the stock continued its recent decline. ### 4th of July Sale - 70% Off High conviction SPCX bulls now have this Tradr ETF Meanwhile, she continued trimming exposure to Advanced Micro Devices (AMD), selling 8,667 shares amounting to $4.8 million. On Monday, ARK funds sold about $8 million worth of AMD stock as Wood capitalized on the stock's rally and booked profits. The largest trade of the day was the purchase of 607,567 shares of X-Energy (XE) for $11.1 million. This follows Monday's purchase of 156,643 XE shares worth about $2.7 million. X-Energy develops advanced nuclear technology, specializing in small modular reactors (SMRs) and TRISO nuclear fuel. Other notable trades include the purchase of 6,354 shares of Eli Lilly (LLY) for $7.6 million and the sale of 44,330 shares of BioNTech SE (BNTX) for $4.1 million. ## **Wood Buys the Dip in SpaceX Stock** SPCX shares fell another 6.8% yesterday, continuing its post-IPO volatility. The company's stock joined the Nasdaq 100 index yesterday, prompting several Wall Street analysts to initiate coverage of the stock with Buy ratings. JPMorgan analysts estimate the index inclusion could attract roughly $4.3 billion in passive inflows into SpaceX stock. Wood is known for investing in disruptive technologies and often buys stocks during periods of market weakness. SpaceX remains the leader in reusable rocket launches through its Falcon program, while its Starlink satellite internet business continues to expand globally. Following its merger with xAI, SpaceX is also investing heavily in AI infrastructure, creating another potential long-term growth opportunity. ## **How High Will SpaceX Stock Go?** On TipRanks, the average SpaceX price target of $218.08 implies that shares can gain about 45.9% over the next twelve months. Moreover, SPCX has a Strong Buy consensus rating based on 22 Buys, five Holds, and one Sell rating. ### Related Stocks - [XE.US](https://longbridge.com/en/quote/XE.US.md) - [LLY.US](https://longbridge.com/en/quote/LLY.US.md) - [BNTX.US](https://longbridge.com/en/quote/BNTX.US.md) - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [AMDD.US](https://longbridge.com/en/quote/AMDD.US.md) - [ELIS.US](https://longbridge.com/en/quote/ELIS.US.md) - [ELIL.US](https://longbridge.com/en/quote/ELIL.US.md) - [SPCH.US](https://longbridge.com/en/quote/SPCH.US.md) - [SPCF.US](https://longbridge.com/en/quote/SPCF.US.md) - [SPAL.US](https://longbridge.com/en/quote/SPAL.US.md) - [SNK.US](https://longbridge.com/en/quote/SNK.US.md) - [SSPC.US](https://longbridge.com/en/quote/SSPC.US.md) - [SPCU.US](https://longbridge.com/en/quote/SPCU.US.md) - [LOFF.US](https://longbridge.com/en/quote/LOFF.US.md) - [LLYX.US](https://longbridge.com/en/quote/LLYX.US.md) - [LLYZ.US](https://longbridge.com/en/quote/LLYZ.US.md) - [AMUU.US](https://longbridge.com/en/quote/AMUU.US.md) - [AMDL.US](https://longbridge.com/en/quote/AMDL.US.md) - [AMDG.US](https://longbridge.com/en/quote/AMDG.US.md) - [DAMD.US](https://longbridge.com/en/quote/DAMD.US.md) - [AMDY.US](https://longbridge.com/en/quote/AMDY.US.md) - [AMDW.US](https://longbridge.com/en/quote/AMDW.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) ## Related News & Research - [CORZ Stock Alert: Core Scientific Strikes AI Infrastructure Deal With AMD](https://longbridge.com/en/news/294105050.md) - [AMD secures up to 2.5 GW of Core Scientific data centre capacity](https://longbridge.com/en/news/294203930.md) - [SpaceX Stock Has Plunged 45% Since Its IPO Peak — But Don't Panic, Says Goldman Sachs](https://longbridge.com/en/news/294106558.md) - ['Prof G' Scott Galloway Says Morgan Stanley's $300 SPCX Target Is the Stuff of 'Romantic Comedies'](https://longbridge.com/en/news/293961855.md) - [These Six Lawmakers Bought as Much as $480,000 of SpaceX Stock](https://longbridge.com/en/news/294084643.md)