Longtime SpaceX Investor Cathie Wood Made This Move on IPO Day. Should You Follow?
Key takeaways
- Adria Cimino, The Motley Fool Mon, June 15, 2026 at 5:30 AM GMT+7 5 min read SPCX NVDA TSLA Cathie Wood, the founder of Ark Invest, is known for her support of Elon Musk s innovations and ambitions.
- It s not surprising that Wood holds shares of Musk-led companies because her investment strategy involves getting in on innovators early -- before they accomplish major goals.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
Adria Cimino, The Motley Fool Mon, June 15, 2026 at 5:30 AM GMT+7 5 min read SPCX NVDA TSLA Cathie Wood, the founder of Ark Invest, is known for her support of Elon Musk s innovations and ambitions. Wood s biggest holding in the flagship Ark Innovation fund is Tesla, and Space X (NASDAQ: SPCX) is the top holding in the Ark Venture fund. Musk is the chief executive officer of both companies.
It s not surprising that Wood holds shares of Musk-led companies because her investment strategy involves getting in on innovators early -- before they accomplish major goals. Wood has spoken about the promise of robotaxis as a growth engine for Tesla. As for SpaceX, Ark wrote prior to its IPO: "The existing business segments, at their current trajectories, are plenty sufficient to justify a compelling investment case."
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »