
Cathie Wood's ARK Invest sells nearly $60 million of Robinhood and Roku shares after profit-taking. The moves follow a rotation from high-growth stock rallies, with ARK buying 3.3 million SpaceX shares worth $531 million post-IPO. The shift signals a pivot toward space tech exposure.
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Summary by ByteBrief
AST SpaceMobile Drops 15% After SpaceX IPO