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Cathie Wood reduces SpaceX holdings by approximately 55,000 shares

The Motley Fool +1 ·

SPCX Space Exploration Technologies Corp
$162.57 +1.25%
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  1. 1Cathie Wood reduced her holdings by approximately 55,000 shares for the first time since SpaceX's listing in June.
  2. 2Ark Invest sold 54,873 shares of SpaceX from its Next Generation Technology ETF on October 6.
  3. 3Starlink revenue growth recorded 66% year-over-year in the second quarter, with the number of subscribers doubling to 12 million.

So what's the key point?

Cathie Wood sold 54,873 shares of SpaceX. Although Starlink revenue increased by 66 percent, her shareholdings have decreased.

Source The Motley Fool +1 · View original ↗

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