ArkInvest bought about $32.5 million in SpaceX stock on Monday

According to TheBlock, CathieWood's ArkInvest bought approximately $32.5 million in SpaceX shares on Monday, involving a total of 210,121 shares in four ETFs. SPCX fell 16.43% on the day to close at US$154.6, basically erasing the increase since its listing. The stock opened at US$150 on its first day of listing on June 12, and rose to a high of US$225.64 on June 16 before falling back. SpaceX became ARKK's sixth-largest position, accounting for 4.46%, or approximately US$313.7 million. SpaceX is also the fourth largest position in ARKQ, the largest position in ARKX, and the tenth largest position in ARKW. On the same day, SpaceX announced its first bond issuance, with an undisclosed scale, intended to be used to repay bridge loans and for general corporate purposes.