According to CoinDesk, Cathie Wood's ARK Invest purchased nearly 3.3 million shares of SpaceX stock on the first day of its IPO, valued at over $500 million based on the closing price. SpaceX's offering price was $135, and it closed its first trading day up more than 19% at $160.95. Data shows that ARK had already sold approximately $280 million worth of other holdings a week before the IPO and continued selling stocks of companies like AMD, Roku, and Baidu on the listing day to free up funds for the SpaceX purchase. https://(wublock123.com)/news/ark-invest-buys-3-3m-spacex-shares-on-ipo-day-62787