Cathie Wood Keeps Buying Every SpaceX Dip, Adds Another Lot of SPCX Despite $1.2 Trillion Rout
Cathie Wood bought more SpaceX stock as the company's post-IPO wipeout topped $1.2 trillion, reinforcing ARK Invest's bullish long-term bet.
A famous investor named Cathie Wood keeps buying SpaceX stock even though its value dropped a lot recently. When smart investors buy during big drops, it can mean they believe the company will do better in the future—but it's just one person's opinion, not a guarantee.
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