-
After SpaceX, Cathie Wood Bets Big on Elon Musk's xAI
Thursday, May 8, 2025 - 3:11pm | 806Ark Invest CEO and Founder Cathie Wood is no stranger to loving companies that are founded and/or run by Elon Musk, with her early bets on Tesla, SpaceX and others. The Ark Venture Fund, which offers access to private companies, added to its stake in a Musk company during the first quarter. This is...
-
SoFi Unlocks SpaceX Exposure For Retail Investors: Here's How
Friday, December 6, 2024 - 2:35pm | 431SoFi Technologies, Inc. (NASDAQ:SOFI) announced expanded access to alternative investments on Wednesday through three new private market funds, including the Cosmos Fund which exclusively holds SpaceX stock. What To Know: SoFi said it conducted a survey that found more than 87% of investors...
-
Want To Invest In Elon Musk's Private Companies Like SpaceX And xAI? Here's How You Can Do It Via This Cathie-Wood ETF
Tuesday, November 26, 2024 - 12:20am | 752Cathie Wood's ARK Venture Fund (NASDAQ:ARKVX) now offers investors a way to access private companies led by Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk, including SpaceX, X, formerly Twitter, and xAI. What Happened: On Monday, Wood took to X, and shared that the ARK Venture Fund (NASDAQ:ARKVX), managed...
-
Elon Musk Bought X For $44B, Now Fidelity Values Social Media Network Below $10B (CORRECTED)
Tuesday, October 1, 2024 - 7:35am | 699Editor's note: This article has been updated to clarify that Elon Musk purchased Twitter for $44 billion. Fidelity was one of several companies that helped Elon Musk acquire social media platform X, formerly known as Twitter, back in 2022. The financial company may have lost money on their...
-
How Holding On To Anthropic Stake May Benefit FTX In Bankruptcy
Monday, September 25, 2023 - 12:33pm | 1223Many of the largest technology companies are looking for new ways to invest in artificial intelligence, which includes investments in their own products and research, as well as taking stakes in smaller AI companies. On Monday, Amazon.com, Inc (NASDAQ: AMZN) announced an investment in the...
-
EXCLUSIVE: Cathie Wood Backs 'Elon Cool' Twitter Rebrand, Tells Haters 'Truth Will Win Out'
Friday, September 1, 2023 - 4:40pm | 653Since acquiring Twitter for $44 billion in 2022, Elon Musk has made many changes to the social media platform. Among the biggest of which has been changing the name of the platform from Twitter to X, a decision that was met with mixed reactions. Here’s what Ark Invest CEO and Founder ...
-
Cathie Wood Invested In Musk's Twitter Takeover: How You Can Get A Stake For $500
Wednesday, November 2, 2022 - 12:14pm | 1144The world’s richest person acquired a leading social media platform last week. With the deal, investors are no longer able to buy shares of Twitter Inc as a public company. Here’s a way that investors can get new exposure to the social media platform. What Happened: Last week, Tesla Inc...
-
What To Know About Investing In Private Companies: Ark Invest's New Fund
Monday, October 10, 2022 - 1:50pm | 656In September, Titan announced a new partnership with Cathie Wood's Ark Invest to provide access to the new Ark Venture Fund, a brand new, exclusive private equity fund for retail investors. Private Investment Opportunities: The new Ark fund provides retail investors access to pre...