{"id":74093,"date":"2026-06-16T03:11:49","date_gmt":"2026-06-16T03:11:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/cathie-woods-ark-grabs-3-3m-spacex-shares-as-starlink-fuels-bull-case\/"},"modified":"2026-06-16T03:11:49","modified_gmt":"2026-06-16T03:11:49","slug":"cathie-woods-ark-grabs-3-3m-spacex-shares-as-starlink-fuels-bull-case","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/cathie-woods-ark-grabs-3-3m-spacex-shares-as-starlink-fuels-bull-case\/","title":{"rendered":"Cathie Wood\u2019s ARK Grabs 3.3M SpaceX Shares as Starlink Fuels Bull Case"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">ARK added nearly 3.3 million SpaceX shares across three ETFs after the Nasdaq debut.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Starlink, Starship, and xAI anchor ARK\u2019s investment thesis, while BTC adds a crypto-market angle.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">ARK\u2019s case rests on lower launch costs, Starlink scale, and AI-related demand.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>ARK Builds SpaceX Position Across Three ETFs After Nasdaq Debut<\/h2>\n<p>Cathie Wood\u2019s ARK Investment Management (ARK Invest) <a href=\"https:\/\/www.investors.com\/news\/spacex-stock-cathie-wood-ark-invest-commentary-ipo-lunr-space-stock-surge-rocket-lab-firefly-upgrade\/\" target=\"_blank\" rel=\"noopener noreferrer\">bought<\/a> nearly 3.3 million shares of SpaceX (Nasdaq: SPCX) on Friday, Investor\u2019s Business Daily reported. The purchase placed Elon Musk\u2019s newly public space company inside three ARK ETFs tied to innovation, automation, and space-focused technology.<\/p>\n<p>ARK Innovation ETF (ARKK), the firm\u2019s flagship disruptive-technology fund, received the largest allocation with 1,690,839 SpaceX shares. That made SPCX 3.28% of ARKK. ARK Autonomous Technology ETF (ARKQ), which focuses on robotics, automation, energy, and transportation technology, added 736,442 shares.<\/p>\n<p>SpaceX also became a major holding in ARK Space &amp; Defense Innovation ETF (ARKX), which targets aerospace, defense, orbital systems, and related infrastructure. ARKX ended Friday with 538,341 SpaceX shares, making SPCX 6.89% of the fund. The stock represented 2.65% of ARKQ after the purchase.<\/p>\n<p>ARK wrote:<\/p>\n<blockquote>\n<p>\u201cThrough Starship, Starlink and the acquisition of xAI, we believe SpaceX is building a vertically integrated AI infrastructure for a much larger space economy.\u201d<\/p>\n<\/blockquote>\n<p>Trade records showed ARK cleared capital before building the SpaceX position. The firm sold nearly $280 million in stock positions during the week before the IPO. Friday\u2019s sales included about 948,000 shares across 13 companies worth at least $48 million.<\/p>\n<p>The named Friday sales included Advanced Micro Devices (Nasdaq: AMD), Roku (Nasdaq: ROKU), and Baidu (Nasdaq: BIDU). ARK sold 80,536 AMD shares valued at a minimum of $13 million, 98,835 Roku shares worth at least $11.5 million, and 67,420 Baidu shares valued around $7.7 million.<\/p>\n<h2>Starlink, Starship, and xAI Shape ARK\u2019s SpaceX Thesis<\/h2>\n<p>ARK\u2019s SpaceX case links three Musk-led assets to a larger infrastructure strategy. Starship represents SpaceX\u2019s next-generation launch system, Starlink provides satellite internet service, and xAI adds an artificial intelligence component following SpaceX\u2019s acquisition of the company.<\/p>\n<p>Launch economics sit at the center of that argument. ARK estimated SpaceX has lowered launch costs by about 95% since 2008, bringing costs below $1,000 per kilogram. The firm pointed to Falcon 9 reusability and Starlink\u2019s commercial scale as evidence behind its thesis.<\/p>\n<p>The firm wrote:<\/p>\n<blockquote>\n<p>\u201cFor long-term shareholders, SpaceX\u2019s IPO represents broader access to a company that we believe remains early in its value creation.\u201d<\/p>\n<\/blockquote>\n<p>SpaceX <a href=\"https:\/\/news.bitcoin.com\/spacex-hits-2-1t-on-debut-day-making-elon-musk-the-worlds-first-trillionaire\/\">raised<\/a> roughly $75 billion at a $1.75 trillion valuation in its June 12 Nasdaq debut, while reported demand reached about $250 billion, or about four times the shares available. Musk has projected SpaceX could reach about <a href=\"https:\/\/news.bitcoin.com\/musk-spacex-1-trillion-revenue-pompliano-tesla-merger-37856\/\">$1 trillion<\/a> in annual revenue by 2030, compared with Morgan Stanley\u2019s reported $330 billion estimate for that year.<\/p>\n<p>Big Short investor <a href=\"https:\/\/news.bitcoin.com\/tesla-spacex-merger-big-short-investor-steve-eisman-says-he-wouldnt-doubt-it\/\">Steve Eisman<\/a> said he \u201cwouldn\u2019t doubt\u201d the possibility of a future merger between Tesla and SpaceX, though he added that such a transaction would not be attractive for SpaceX shareholders. Anthony Pompliano later publicly urged Musk to combine the two companies. SpaceX also <a href=\"https:\/\/news.bitcoin.com\/spacex-ipo-puts-18712-bitcoin-treasury-on-wall-streets-radar\/\">held<\/a> 18,712 <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> as of March 31, with a fair value of about $1.29 billion.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/cathie-woods-ark-grabs-3-3m-spacex-shares-as-starlink-fuels-bull-case\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways ARK added nearly 3.3 million SpaceX shares across three ETFs after the Nasdaq debut. Starlink, Starship, and xAI anchor ARK\u2019s investment thesis, while BTC adds a crypto-market angle. ARK\u2019s case rests on lower launch costs, Starlink scale, and AI-related demand. ARK Builds SpaceX Position Across Three [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":74094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74093"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74093"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74094"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}