Cathie Wood, SpaceX purchase with proceeds from selling Alibaba 105hundred million won purchase
Cathie Wood’s Ark Investment Management purchased approximately 700ten-thousand dollars (approximately 105hundred million won) worth of additional SpaceX shares. SpaceX fell from a post-listing high of 225dollars to record a closing price of 7month 9day at 152dollars.
Ark Investment Management, led by Cathie Wood, additionally purchased approximately 700ten-thousand dollars (approximately 105hundred million won) worth of SpaceX shares with funds from selling its Alibaba stake. This fact is being reported as an investor focus.
The additional purchase became known externally on the 8day of the month (local time). Ark was reportedly said to have raised the funds for this purchase by selling its Alibaba stake.
SpaceX went public through an initial public offering last month. Its share price briefly rose to 225dollars immediately after the listing.
Thereafter, the stock price fell sharply, 7month 9the closing price on the day was 152dollars. The closing price based on the trading day shows changes in the company's stock price.
Ark presented an analysis that, in the best-case scenario, SpaceX could reach a valuation of 2030year 3trillion 1,000billion dollars. This figure is a potential valuation based on Ark's internal outlook.
Cathie Wood's additional purchases are summarized as being linked to supply and demand immediately after listing and stock price volatility. How the size and timing of this transaction will be received by the market remains subject to observation.
Sources: 파이낸셜뉴스 증권
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