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Cathie Wood Accelerates SpaceX Stock Buying Spree As Tesla-SpaceX Merger Odds Hit 90%

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Cathie Wood’s ARK Invest added to its SpaceX holdings on Wednesday, July 22, when SPCX dropped 6.70% to close at $115.26. The new acquisitions came as Wood defended ARK’s choice of buying Elon Musk-backed SPCX shares. Also, the Tesla and SpaceX merger talks have gained momentum.