Cathie Wood Buys $7 Million of SpaceX Stock After Unloading Alibaba

Cathie Wood just bought the SpaceX dip again—and dumped Alibaba to do it

ARK rolled out of Chinese tech to add to Elon Musk's newly public rocket company, doubling down on a bet it says could be worth $3.1 trillion.

Cathie Wood Buys $7 Million of SpaceX Stock After Unloading Alibaba

Wood is one of the most bullish investors in SpaceX.

Cathie Wood Doubles Down on SpaceX Bet Amid Dip in Stock, Keeps on Dumping AMD Stock - Advanced Micro Dev

Ark Invest added roughly $6.6 million in SpaceX shares while trimming its AMD stake by about $4.5 million on Tuesday, July 7, 2026.

Alibaba stock: Cathie Wood isn't buying the AI hype

Alibaba (BABA) stock is printing its strongest single-day performance in about ten months on July 8th following a sneak peek into its fiscal Q1 results.   Investors are loading up on the Chinese tech behemoth after the leaked earnings preview signalled a return to top-line growth in its core e-commerce segment. Additionally, BABA is proving a key beneficiary of the broader capital rotation currently underway – with institutional investors trimmi…

Cathie Wood dumps $54M in Alibaba stock, rotates into Coinbase and Palantir

Cathie Wood's strategic shift highlights a growing focus on crypto and AI sectors, potentially influencing market trends and investor sentiment. The post Cathie Wood dumps $54M in Alibaba stock, rotates into Coinbase and Palantir appeared first on Crypto Briefing.