SpaceX falls below its issuance price "Wooden Sister" buys more to increase holdings.

According to the trading disclosures of ARK Invest, the investment management company under "Queen of Wood" Cathie Wood, on July 17, after the stock price of SpaceX fell below the issue price on Friday, ARK Invest bought $18.3 million worth of the stock. ARK Invest's four actively managed ETFs purchased a total of 147,623 shares. The closing price of the stock on that day was $123.99, with a intraday low of $122.12. This purchase seems more like a firm increase in holdings during a weakening stock price rather than a hedge operation, as it further expanded ARK's already large position. Data tracking ARK's holdings shows that as of the week ending July 10, the company accumulated approximately $52.1 million worth of related stocks through its ARKK, ARKQ, ARKW, and ARKX funds, bringing ARK's total investment in SpaceX since its listing in June to over $475 million. This indicates that Cathie Wood's team has consistently viewed each decline as a buying opportunity rather than a warning signal.