Ark Invest Buys $32.5 Million in SpaceX Shares After 16% Drop on Monday

Ark Invest purchased $32.5 million worth of SpaceX shares across four exchange-traded funds on Monday, according to its trading disclosure. The firm bought 210,121 shares for its Innovation, Autonomous Technology and Robotics, Next Generation Internet, and Space and Defense Innovation ETFs at $154.60 per share. The purchases came as SPCX fell 16.43% on the day, erasing most gains since the stock's June 12 debut at $150.
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