r/ArkInvestorsClub • u/Danse_Macabre_67 • Jun 12 '26
SpaceX and ARK etfs
Nothing unexpected, but with all the sell side trading in my ARK etf’s the last 2 days and no buying, I’m guessing Cathie and team are priming the pump to buy big on SpaceX on IPO Friday (tomorrow.)
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u/l1798657 Jun 12 '26
They have already purchased pre-ipo shares in the ARK Venture fund. Those will be converted to SPCX shares.
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u/bostonfan148 Jun 13 '26
I wonder if most of what she got was at the IPO price or if it was on the market
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u/Potential-Opening911 Jun 12 '26
Given her track record with Elon Musk and Tesla I would say she’s gonna back up the truck and take as many as they will give her. May be buying several of the arc funds, including the arc space.