Ark Invest bought $500M in SpaceX shares on IPO day

Ark Invest bought nearly 3.3 million SpaceX shares worth more than $500 million on the day of the company's record-setting IPO. The shares priced at $135 closed at $160.95, rising over 19%. Ark sold over $325 million in stock across at least 13 companies around the listing to fund the purchase.