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Verilumia

The Daily Verified Briefing

Markets

ARK Invest Wood backs SpaceX before $116 billion unlock

Published 23 July 2026

ARK Invest CEO Cathie Wood has reaffirmed her conviction in SpaceX, declaring Elon Musk's company could become "the most important company in global history" despite a steep stock decline and a looming $116 billion share unlock.

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