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I also think it’s a good time to buy some SpaceX. Compared with the people who bought earlier, the price is indeed much safer now. SpaceX fell more than 6% yesterday at the close, setting a new all-time low since listing.
You can see institutions have already started moving: on Wednesday, ARK bought nearly $15 million worth of SpaceX against the trend, and trimmed more than $10 million of Robinhood stock.
On July 23, ARK Invest’s funds collectively bought 121.4k shares of SpaceX stock, worth about $121.4k; meanwhile, they sold 97.3k shares of Robinhood stock, worth about $15M, continuing the recent sell-off trend. ARK also bought about $97.3k worth of electric aircraft company Archer Aviation stock that day.
$SPCX
{future}(SPCXUSDT)