FinanceAsianet Newsable
ARK Invest buys SpaceX, Tesla shares
in5points
ARK Invest bought 124,543 SpaceX shares worth about $14.1 million.
ARK Invest bought 27,864 Tesla shares worth about $8.6 million.
The purchases were made after a dip in SpaceX and Tesla market values.
Retail bears are reportedly expecting further declines.
SpaceX's market value has dropped by a Tesla-sized amount since its peak.
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Asianet News Network
Rajeev Chandrasekhar / Jupiter Capital interests historically