Stocks
ARK Invest Bets Big on Space Exploration and Semiconductors
Cathie Wood's ARK Invest has made several notable trades in recent days. On August 5, 2026, the firm purchased $23 million worth of shares in SpaceX (SPCX) across multiple funds, a significant investment in the aerospace sector. This move follows ARK's recent buying spree in the same industry.
The company also increased its holdings in Nvidia (NVDA), purchasing $17 million worth of shares. In contrast, ARK offloaded positions in Roblox (RBLX) and Palantir (PLTR).
The trades are reflective of ARK's investment strategy, which focuses on innovative and growth-oriented companies. By investing in SpaceX and Nvidia, the firm is likely betting on the continued growth of the space and semiconductor industries.