Ark Venture Fund Hits $1 Billion in AUM

Ark Venture Fund reaches $1 billion in assets under management, up 40% from March to May, driven by retail investor demand ahead of SpaceX IPO. The fund holds an 11% position in SpaceX, with investments also in OpenAI, Anthropic, and Databricks. It outperforms S&P 500 with 29.1% annualized return versus 19.3% since inception. Access available via SoFi and Titan.