✉news ScienceSpace first seen 2 d ago, last 2 d ago, peak #9
SpaceX Falls Below $120 as Cathie Wood Buys $20 Million Dip
Original: SpaceX Suffers Seven-Day Losing Streak and Falls Below $120 Level, Cathie Wood Pours Over $20 Million to Buy the Dip
SpaceX has reportedly dropped for seven straight days, falling below the $120 level in private-market trading. Ark Invest's Cathie Wood is said to have bought more than $20 million worth of shares during the decline. The move is drawing attention as a bet on the company's long-term value despite the recent slide.
Why now: A high-profile investor buying a steep, week-long decline in one of the world's most valuable private companies naturally draws market attention.
Evidence
- SpaceX Suffers Seven-Day Losing Streak and Falls Below $120 Level, Cathie Wood Pours Over $20 Million to Buy the Dip · TradingKey
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