{"id":75778,"date":"2026-07-22T19:43:57","date_gmt":"2026-07-22T19:43:57","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/cathie-wood-says-spacex-could-become-the-most-important-company-in-history-despite-48-stock-slide\/"},"modified":"2026-07-22T19:43:57","modified_gmt":"2026-07-22T19:43:57","slug":"cathie-wood-says-spacex-could-become-the-most-important-company-in-history-despite-48-stock-slide","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/cathie-wood-says-spacex-could-become-the-most-important-company-in-history-despite-48-stock-slide\/","title":{"rendered":"Cathie Wood Says SpaceX Could Become &#8216;the Most Important Company in History&#8217; Despite 48% Stock Slide"},"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\">Cathie Wood, CEO of Ark Invest, said SpaceX could become \u201cthe most important company in history.\u201d<\/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\">Shares traded at $116.95, about 48% below their $225.64 peak and 13% below the $135 IPO price.<\/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\">Wood sees Starlink and orbital data centers turning SpaceX into a global communications and AI infrastructure powerhouse.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Ark Looks Beyond SpaceX\u2019s Stock Slide<\/h2>\n<p>Ark Invest CEO Cathie Wood doubled down on SpaceX despite the stock\u2019s punishing retreat, arguing that Elon Musk\u2019s company has the potential to transform communications, artificial intelligence and humanity\u2019s access to space.<\/p>\n<p>She said in an <a href=\"https:\/\/www.foxbusiness.com\/video\/6401824410112\" target=\"_blank\" rel=\"noopener noreferrer\">interview with Fox Business<\/a> on July 22:<\/p>\n<blockquote>\n<p>\u201cWe think this could become the most important company in history, and I mean in global history.\u201d<\/p>\n<\/blockquote>\n<p>\u201cBecause we are talking about not only really exploring a new world\u2014the universe\u2014in terms of its launch capabilities and helping others to do so as well, but also a global communications network,\u201d she explained.<\/p>\n<p>Space Exploration Technologies Corp. (<a href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-SPCX\/\" target=\"_blank\" rel=\"noopener noreferrer\">Nasdaq: SPCX<\/a>) traded at $116.95 on July 22, approximately 48.17% below its 52-week high of $225.64 and 13.37% below its $135 IPO price. Investors are also preparing for <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-07-21\/spacex-s-great-unlocking-begins-with-116-billion-share-release\" target=\"_blank\" rel=\"noopener noreferrer\">one of the largest share unlocks in U.S. market history<\/a>, with restrictions on approximately 911.5 million insider shares scheduled to begin expiring on Aug. 6, two days after the company\u2019s first quarterly earnings report. Additional shares could become eligible under conditional provisions.<\/p>\n<figure id=\"attachment_833239\" aria-describedby=\"caption-attachment-833239\" style=\"width:1734px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-833239\" class=\"wp-caption-text\">SpaceX stock price on July 22. Source: TradingView<\/figcaption><\/figure>\n<p>Ark\u2019s buying has matched Wood\u2019s rhetoric. The firm <a href=\"https:\/\/news.bitcoin.com\/ark-invest-spacex-robinhood-trade-july-2026\/\">added another $20.5 million of SpaceX shares<\/a> during the selloff after <a href=\"https:\/\/news.bitcoin.com\/cathie-woods-ark-grabs-3-3m-spacex-shares-as-starlink-fuels-bull-case\/\">building an initial position of nearly 3.3 million shares<\/a> across three exchange-traded funds (ETFs) following the listing. The latest purchase brought Ark\u2019s additional post-IPO buying to roughly $80 million. The purchases show Ark is using the sharp decline to deepen its exposure even as the looming $116 billion share unlock threatens to add more near-term pressure.<\/p>\n<p>SpaceX completed its IPO at $135 per share, selling nearly 639 million shares after underwriters fully exercised their option. That generated approximately $86.25 billion in gross proceeds, according to the company\u2019s <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1181412\/000162828026043288\/spaceexplorationtechnologi.htm\" target=\"_blank\" rel=\"noopener noreferrer\">official filing with the U.S. Securities and Exchange Commission (SEC)<\/a>.<\/p>\n<h2>Starlink Gives SpaceX Global Reach<\/h2>\n<p>Wood argued that telecommunications has traditionally been a country-by-country business, where companies entered new markets by acquiring local telecom operators. She said Starlink has changed that dynamic, emphasizing:<\/p>\n<blockquote>\n<p>\u201cThis is a global business, and SpaceX is the first mover with 70% of the satellites out there.\u201d<\/p>\n<\/blockquote>\n<p>That scale supports Ark\u2019s broader Starlink investment thesis, which treats satellite broadband as a central source of SpaceX\u2019s long-term value.<\/p>\n<p>In January, <a href=\"https:\/\/www.fcc.gov\/document\/spacex-gen2-upgrade-applications-partial-grant\" target=\"_blank\" rel=\"noopener noreferrer\">the Federal Communications Commission (FCC) authorized SpaceX to deploy an additional 7,500 second-generation, or Gen2, Starlink satellites<\/a>, increasing its approved constellation to 15,000 satellites worldwide. As of July 2026, <a href=\"https:\/\/azmth.space\/tracker\/starlink\" target=\"_blank\" rel=\"noopener noreferrer\">SpaceX had nearly 10,800 Starlink satellites in orbit<\/a>, underscoring the scale behind Wood\u2019s global communications thesis.<\/p>\n<h2>Orbital Data Centers Add an AI Opportunity<\/h2>\n<p>Wood\u2019s bullish thesis doesn\u2019t stop with internet access. She believes SpaceX could use its satellite and data center infrastructure to lower computing costs and support the development of advanced AI models.<\/p>\n<p>\u201cBeyond that, we have the global data centers, or orbital data centers, so they will be the most economic and will allow Elon and team the opportunity to develop, we think, some of the most sophisticated frontier models in the world at the lowest cost. So, huge opportunities,\u201d Wood said.<\/p>\n<p>The Ark Invest executive added that SpaceX is already monetizing its computing infrastructure on Earth:<\/p>\n<blockquote>\n<p>\u201cIn the meantime, on Earth, SpaceX is renting out its data centers to Anthropic and Google and others. It\u2019s an amazing story.\u201d<\/p>\n<\/blockquote>\n<p>Her comments highlight why Ark has continued increasing its SpaceX position despite the stock\u2019s sharp decline. The company\u2019s first quarterly earnings report and the Aug. 6 start of the expiration of restrictions on roughly $116 billion worth of insider shares are expected to be the next major tests of whether investors share Wood\u2019s long-term conviction.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/cathie-wood-says-spacex-could-become-the-most-important-company-in-history-despite-48-stock-slide\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Cathie Wood, CEO of Ark Invest, said SpaceX could become \u201cthe most important company in history.\u201d Shares traded at $116.95, about 48% below their $225.64 peak and 13% below the $135 IPO price. Wood sees Starlink and orbital data centers turning SpaceX into a global communications [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":75779,"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\/75778"}],"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=75778"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/75778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/75779"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=75778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=75778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=75778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}