---
title: "Cathie Wood's Ark Bets Big on Mark Zuckerberg, Elon Musk as It Loads Up on Meta and SpaceX — Trims AMD and Robinhood"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293287485.md"
description: "Ark Invest, led by Cathie Wood, significantly increased stakes in Meta Platforms and SpaceX on July 20, 2026, purchasing $18.2 million in Meta shares and $20.5 million in SpaceX stock via multiple ETFs. The firm also bought Archer Aviation shares while trimming positions in AMD and Robinhood Markets. Additional trades included selling Shopify and Baidu, and buying Eli Lilly and Tempus AI, reflecting a strategic focus on technology and innovation despite mixed market performance."
datetime: "2026-07-21T03:05:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293287485.md)
  - [en](https://longbridge.com/en/news/293287485.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293287485.md)
generator: "portal-rs"
---

# Cathie Wood's Ark Bets Big on Mark Zuckerberg, Elon Musk as It Loads Up on Meta and SpaceX — Trims AMD and Robinhood

On Monday, **Cathie Wood**‘s **Ark Invest** made significant trades involving **Meta Platforms Inc.** (NASDAQ:META), **Space Exploration Technologies Corp**. (NASDAQ:SPCX), **Archer Aviation Inc**. (NYSE:ACHR), **Advanced Micro Devices Inc**. (NASDAQ:AMD), and **Robinhood Markets Inc**. (NASDAQ:HOOD). These trades reflect Ark’s strategic positioning in the market, with a focus on technology and innovation.

## The Meta Platforms Trade

Ark Invest made a notable purchase of Meta shares across its **ARK Blockchain & Fintech Innovation ETF** (BATS:ARKF), **ARK Innovation ETF** (BATS:ARKK), and **ARK Next Generation Internet ETF** (BATS:ARKW). On Monday, Meta’s stock closed at $645.85, slightly down by 0.02%. The total number of shares purchased was 28,106 and the transaction was valued at $18.2 million.

The purchase aligns with analyst expectations of robust advertising demand and AI monetization potential for the **Mark Zuckerberg**-led company. Bank of America reiterated its Buy rating, citing potential revenue growth from AI infrastructure.

 **Read Also: https://www.benzinga.com/news/politics/26/07/60544607/bill-ackman-says-it-makes-no-sense-to-educate-top-talent-then-send-them-home-calls-for-us-immigration-overhaul** 

## The SpaceX Trade

Ark Invest also increased its stake in the **Elon Musk**-led company through ARKK, ARKW, **ARK Autonomous Technology & Robotics ETF** (BATS:ARKQ) and **ARK Space & Defense Innovation ETF** (BATS:ARKX). The stock closed at $119.85, down 3.34%. Ark bought 170,634 shares and the purchases amounted to $20.5 million.

Despite recent sell-offs, Ark’s confidence in SpaceX remains strong. According to market experts, the stock is still considered overvalued, trading at 92 times trailing revenues. Notably, Ark has been on a SpaceX share purchasing spree of late. 

## The Archer Aviation Trade

Ark Invest’s **ARKK** and **ARKQ** funds acquired shares in **Archer Aviation**, which saw a 19.59% increase, closing at $5.31. The purchase of 121,300 shares was estimated to be worth $644,103.

Archer recently launched a hybrid defense VTOL platform, boosting investor interest. The company plans to announce its first commercial partners soon.

## The AMD Trade

Ark Invest reduced its holdings in **AMD** through **ARKK** and **ARKW**. AMD’s stock rose by 1.58%, closing at $503.57. The 8,129 shares sold were estimated to be worth $4.1 million.

The company’s upcoming AI-focused event is expected to showcase new CPUs and GPUs, strengthening its position in the AI infrastructure market. Ark has been shedding AMD stock recently.

## The Robinhood Trade

Ark Invest trimmed its position in **Robinhood Markets Inc** within **ARKK** and **ARKW**. Robinhood’s stock closed at $99.28, down 0.68%. Ark sold 41,322 shares and the transaction was estimated to be worth $4.1 million.

The company is expanding beyond brokerage into credit cards, with a recent fundraising effort and analyst upgrades boosting its prospects.

## **Other Key Trades**

-   Sold 203,352 shares of **Shopify Inc**. (SHOP) in **ARKF**. **ARKK** And **ARKW**.
-   Sold 48,836 shares of **Baidu Inc**. (BIDU) in **ARKQ**.
-   Bought 2,730 shares of **Eli Lilly and Co**. (LLY) in **ARKG**.
-   Bought 188,785 shares of **Tempus AI Inc** in **ARKK** and **ARKG**.

 **Read Also: AMC, IREN Ltd., Archer Aviation, Nebius Group and Alibaba: 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 Courtesy: PJ McDonnell on Shutterstock.com*

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**