--- title: "Cathie Wood Swaps Robinhood for SpaceX, Archer—Did ARK Pivot Back to Moonshot Innovation?" type: "News" locale: "en" url: "https://longbridge.com/en/news/293645368.md" description: "Cathie Wood's ARK Invest rotated capital, selling $10.35M in Robinhood and Iridium to buy $15M in SpaceX and nearly $5M in Archer Aviation. This move signals a pivot toward 'moonshot' themes like commercial space, eVTOLs, and frontier healthcare, while locking gains from high-flying fintech winners." datetime: "2026-07-23T16:10:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293645368.md) - [en](https://longbridge.com/en/news/293645368.md) - [zh-HK](https://longbridge.com/zh-HK/news/293645368.md) --- # Cathie Wood Swaps Robinhood for SpaceX, Archer—Did ARK Pivot Back to Moonshot Innovation? **Cathie Wood** is doubling down on disruptive technology, but not where many investors might expect. **ARK Invest’s** latest daily trading report shows the firm’s biggest move on Wednesday was the purchase of 121,384 shares of **Space Exploration Technologies Corp(NASDAQ:SPCX)** worth $15 million, while simultaneously trimming 97,325 shares of **Robinhood Markets (NASDAQ:HOOD)** valued at $10.35 million. The transactions extend a recent pattern of buying SpaceX on weakness while taking profits in Robinhood after its strong run this year. The trades suggest ARK is rotating capital from a high-flying fintech winner into higher-conviction “moonshot” themes spanning commercial space, advanced air mobility and frontier healthcare. ### Where ARK Is Putting Fresh Money And Where It’s Selling Beyond SpaceX, ARK also bought 940,434 shares of **Archer Aviation** **Inc** (NYSE:ACHR) worth $4.97 million across flagship ETFs, which include **ARK Innovation ETF** (BATS:ARKK), **ARK Autonomous Technology & Robotics ETF** (BATS:ARKQ) and ARK Space & Defense Innovation ETF (BATS:ARKX), reinforcing its bet on the eVTOL industry. ARK also added 42,091 shares of **Compass Pathways (NASDAQ:CMPS)** worth $513,000 through **ARK Genomic Revolution ETF** (BATS:ARKG), continuing its accumulation of the mental health biotech company. Alongside Robinhood, the firm also sold 40,062 shares of I**ridium Communications Inc (NASDAQ:IRDM)** worth $1.89 million, continuing to pare its satellite communications exposure. ### 3 Themes Dominating ARK’s Actively Managed ETFs - **Space economy:** SpaceX remains one of ARK’s highest-conviction holdings, with the firm repeatedly adding shares following the company’s post-IPO pullback. Wood believes that SpaceX, despite the slide, has the potential to become "the most important company in global history." Reports indicate ARK has invested more than $475 million in SpaceX since its June listing and has yet to sell shares from its public ETFs. - **Autonomous mobility:** The sizable Archer Aviation purchase signals continued confidence in next-generation transportation. - **Frontier healthcare:** Additional buying in Compass Pathways underscores ARK’s long-term conviction in innovative biotech. The rotation also highlights ARK’s willingness to lock in gains from outperformers like Robinhood and redeploy capital into sectors where it sees greater long-term upside. This is a strategy that continues to shape flagship funds, including **ARKK, ARKQ, ARKX** and **ARKG**. **Read Also: Is SpaceX Stock's 45% Drop a Buying Opportunity? Cathie Wood Thinks So — These ETFs Are Making the Biggest Bet** _Photo Courtesy: Ark Invest_ ### Related Stocks - [ACHR.US](https://longbridge.com/en/quote/ACHR.US.md) - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [HOOD.US](https://longbridge.com/en/quote/HOOD.US.md) - [HOOX.US](https://longbridge.com/en/quote/HOOX.US.md) - [ARCX.US](https://longbridge.com/en/quote/ARCX.US.md) - [ROBN.US](https://longbridge.com/en/quote/ROBN.US.md) - [HOOG.US](https://longbridge.com/en/quote/HOOG.US.md) - [IRDM.US](https://longbridge.com/en/quote/IRDM.US.md) - [ARKX.US](https://longbridge.com/en/quote/ARKX.US.md) - [ITA.US](https://longbridge.com/en/quote/ITA.US.md) - [UFO.US](https://longbridge.com/en/quote/UFO.US.md) - [XAR.US](https://longbridge.com/en/quote/XAR.US.md) - [JETS.US](https://longbridge.com/en/quote/JETS.US.md) - [JEDI.US](https://longbridge.com/en/quote/JEDI.US.md) - [SSPC.US](https://longbridge.com/en/quote/SSPC.US.md) - [SPCF.US](https://longbridge.com/en/quote/SPCF.US.md) - [SPCH.US](https://longbridge.com/en/quote/SPCH.US.md) - [LOFF.US](https://longbridge.com/en/quote/LOFF.US.md) - [SPAL.US](https://longbridge.com/en/quote/SPAL.US.md) - [ROKT.US](https://longbridge.com/en/quote/ROKT.US.md) - [PPA.US](https://longbridge.com/en/quote/PPA.US.md) - [SNK.US](https://longbridge.com/en/quote/SNK.US.md) - [SPCU.US](https://longbridge.com/en/quote/SPCU.US.md) - [HODU.US](https://longbridge.com/en/quote/HODU.US.md) - [HOOI.US](https://longbridge.com/en/quote/HOOI.US.md) - [HOOW.US](https://longbridge.com/en/quote/HOOW.US.md) - [HOOY.US](https://longbridge.com/en/quote/HOOY.US.md) - [HOOZ.US](https://longbridge.com/en/quote/HOOZ.US.md) - [HOYY.US](https://longbridge.com/en/quote/HOYY.US.md) - [512810.CN](https://longbridge.com/en/quote/512810.CN.md) - [512710.CN](https://longbridge.com/en/quote/512710.CN.md) - [ARKK.US](https://longbridge.com/en/quote/ARKK.US.md) - [ARKQ.US](https://longbridge.com/en/quote/ARKQ.US.md) - [CMPS.US](https://longbridge.com/en/quote/CMPS.US.md) - [ARKG.US](https://longbridge.com/en/quote/ARKG.US.md) - [ACHR+.US](https://longbridge.com/en/quote/ACHR+.US.md) ## Related News & Research - ['Don't Expect More Miracles,' Says Investor About SpaceX Stock](https://longbridge.com/en/news/293529763.md) - ['Buy' SpaceX Stock as Its AI Opportunity Is 'Virtually for Free,' Says Top Analyst](https://longbridge.com/en/news/293480358.md) - [SpaceX Stock Falls To Record Low, But One Analyst Sees it Hitting $800](https://longbridge.com/en/news/293150803.md) - [Elon Musk's Starship Tries Again Today After Engine Abort, Weather Scrub: What Prediction Markets Say About Flight 13](https://longbridge.com/en/news/293772057.md) - [SpaceX pauses Starship launch after engine failure](https://longbridge.com/en/news/293058245.md)