“Wooden Sister” backs SpaceX: may become “the most important company in global history”

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Deep Tide TechFlow news, July 23: even though SpaceX (SPCX.O) shares have fallen well below the IPO price, Wall Street star fund manager and founder of Ark Invest, Cathie Wood, still insists the aerospace and satellite network pioneer could become “the most important company in global history.” On Wednesday, Ark Invest also bought SpaceX stock through multiple ETFs, including the ARK Innovation ETF (ARKK), the ARK Autonomous Technology & Robotics ETF (BARKQ), the ARK Next Generation Internet ETF (ARKW), and the ARK Space and Defense Innovation ETF (ARKX). Reportedly, the total purchase was 121,384 shares; based on SpaceX’s $115.26 closing price that day, the total investment was about $14 million. (Jin10)
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