ARK Invest bought 3.3 million SpaceX shares on IPO day

On June 15, ARK Invest bought nearly 3.3 million SpaceX shares on the company's IPO day. By the end of the first trading session, the position's value exceeded $500 million: the shares were placed at $135 and closed at $160.95, gaining more than 19.2%. The bulk of the purchase went to the ARK Innovation ETF, where SpaceX took up 3.28% of the portfolio.

Source: ForkLog