Person · 7 episodes
Cathie Wood
Cathie Wood and ARK Invest have been making bold, high-conviction moves in 2026: a major Figma sale to fund $60M in Tesla, Circle, and Securitize purchases during a single-session market rout, and six SpaceX buys totaling $475M with zero shares sold. The pattern across ARK's recent trades is consistent — Wood doubles down on disruption precisely when markets are retreating.
Frequently asked
Why did Cathie Wood sell Figma stock?
On July 23, 2026, ARK Invest sold 976,368 Figma shares worth roughly $20.9M in a single session, with no public explanation from Cathie Wood. The proceeds appear to have funded simultaneous purchases of 160,151 Tesla shares (~$52M) and ~130,000 shares of Circle Internet Group during the same broad market selloff.
How much has Cathie Wood invested in SpaceX?
ARK Investment Management has made six SpaceX purchases totaling $475 million across ARKK, ARKX, ARKQ, and ARKW, selling zero shares. ARK's six purchases span the period around SpaceX's June 12, 2026 IPO, which peaked at $225.64 intraday before falling below its $135 listing price by July 15, erasing an estimated $1.4 trillion in market value.
What did ARK Invest buy during the July 2026 market crash?
As the Magnificent Seven shed $800 billion on July 23, 2026, ARK Invest deployed $60 million into Tesla, Circle Internet Group, and Securitize Corp. Tesla absorbed $51.2M at $319.69 per share — down 14.52% that day — while ARK simultaneously sold nearly a million Figma shares to help fund the buys.
Is Cathie Wood bullish on Tesla right now?
ARK's July 23 trades suggest strong conviction: Tesla received $51.2M at $319.69 per share, the largest single allocation in ARK's $60M crash-day deployment, on a day Tesla fell 14.52%. Cathie Wood chose to buy aggressively into the drop rather than reduce exposure.
What is Cathie Wood's investing strategy during market downturns?
ARK's recent trades show a consistent pattern: buy high-conviction positions when prices fall sharply. On July 23, 2026, while the Magnificent Seven shed $800 billion in a single session, Cathie Wood deployed $60M into Tesla, Circle, and Securitize — and separately made six SpaceX purchases totaling $475M without selling a single share.
Episodes
Cathie Wood just sold $11.4M in Palantir but bought $17.6M in Nvidia — a clear portfolio shift away from softwareARK Invest's Cathie Wood sold $11.4 million in Palantir on August 6, 2026 — after a ~29% rally — and bought $17.6 million in Nvidia the same day, while adding roughly $46 million in SpaceX and $15.5 million in CoreWeave across the same week, signaling a deliberate shift toward GPU infrastructure.
Cathie Wood just dropped millions on SpaceX, Block, Coinbase, and Nvidia in a single buying blitzARK Invest spent roughly $54 million across two days in early August 2025, buying $20–23 million of SpaceX on August 6 and $21 million of Block on August 7 as both stocks fell. The purchases spanned SpaceX, Block, Circle, Coinbase, and Nvidia — funded by trimming Shopify, Palantir, and Roblox.
Cathie Wood loads up on Coinbase and Circle as crypto trading activity slows — conviction or contrarian call?Ark Invest spent $43.5 million buying 122,544 Coinbase and 169,777 Circle shares across three ETFs — ARKK, ARKW, and ARKF — on the same day Coinbase reported a 19% year-over-year revenue decline. The move was a deliberate quality rotation, not a panic buy, but Ark's 2030 Bitcoin target makes the thesis structurally unfalsifiable for years.
Cathie Wood just snapped up $14.3M in Meta stock after the post-earnings crashArk Invest's Cathie Wood bought 26,509 shares of Meta — $14.3 million — on July 31, 2026, the morning after Meta fell 7.95% on a $1.04 EPS miss and 55% year-over-year cost increase. Whether the move reflects disciplined AI-infrastructure conviction or routine rebalancing won't be clear until Meta's Q4 2026 free cash flow print.
ARK dumped Figma stock to load up on Tesla and Circle — a major portfolio shiftOn July 23, ARK Invest sold 976,368 shares of Figma (~$20.9M) while buying 160,151 shares of Tesla (~$52M) and ~130,000 shares of Circle Internet Group in the same session — roughly $60M deployed during a broad market selloff, with no public explanation from ARK CEO Cathie Wood.
Cathie Wood has bought the SpaceX dip 6 times — here's her conviction playARK Investment Management has made six SpaceX purchases totaling $475 million across ARKK, ARKX, ARKQ, and ARKW — selling zero shares — after SpaceX's June 12, 2026 IPO peaked at $225.64 intraday then fell below its $135 listing price by July 15, erasing an estimated $1.4 trillion in market value.
As markets crashed, Cathie Wood dropped $60M on Tesla, Circle, and Securitize — why now?On July 23, 2026, as the Magnificent Seven shed $800 billion in a single session, ARK Invest committed $60 million to Tesla, Circle Internet Group, and Securitize Corp — while selling nearly a million Figma shares. Tesla alone absorbed $51.2 million at $319.69 per share, down 14.52% that day.