Cathie Wood Makes $20M Bullish Bet On SpaceX Stock As Short Sellers Rake In $4B Profit
Cathie Wood's ARK Invest bought over $20 million in SpaceX shares on Monday, June 20, as the stock fell 3.34% to $119.85. The purchase was spread across four ARK ETFs, with the largest buy of 97,664 shares by ARKK. Meanwhile, short sellers have made approximately $4 billion in paper profits over the last month, per S3 Partners.
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