Regulation
Why Cathie Wood Bought SpaceX (SPCX) While Everyone Else Sold
SpaceX (SPCX) stock opened at $123.62 on Friday, down 9% on the day. ARK Invest bought 348,406 SPCX shares across three ETFs, worth about $47.36 million. Democrats won both chambers of Congress, raising regulatory worries for Musk’s companies.
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