Ark Invest, led by Cathie Wood, used its funds to purchase shares in three companies: X-Energy, CoreWeave, and SpaceX.

The entities involved

• Ark Invest →

  American asset management firm

  Nothing else this week.

• X-Energy →

  American nuclear reactor and fuel design engineering company

  • Oklo gained attention from OpenAI backing. Both companies compete in the SMR market. X-Energy draws support from investor interest in Amazon.Sun 09:07
  • X-Energy is developing a nuclear fuel campus in Oak Ridge and partnering on a four-reactor SMR plant in Texas.Fri 18:31
• CoreWeave →

  American cloud computing company

  • CoreWeave is leveraging GPU compute power for AI infrastructure, serving customers like Jane Street.Mon 12:38
  • QuantumScape targets the pre-commercial solid-state battery market while CoreWeave, a leading AI cloud provider, relies on clients like Microsoft.Mon 04:56
• SpaceX →

  American private aerospace company

  • The UK defence ministry has adopted and begun using SpaceX's Starshield and Starlink services.Mon 17:54
  • Starship tests are currently being conducted, involving the vehicle's return to Earth.Mon 16:52

Related events

• Ark Invest, led by Cathie Wood, increased holdings in Meta, Airbnb, and Beam Therapeutics, amidst AI technology trends and market analysis from Wells Fargo.Sep 22
• Ark Invest's ETFs acquired shares of Cerebras, led by Cathie Wood.Jun 29
• Ark Invest is actively purchasing shares of Nvidia and Broadcom, betting on the ongoing AI infrastructure boom.Aug 19
• Ark Invest is a major investor in SpaceX, whose growth engine is Starlink. Elon Musk leads SpaceX, and its valuation is compared to tech giants like Microsoft.Jun 15
• Cathie Wood remains bullish on Tesla stock, noting signals that compare its potential to a company 1/100th the size of Nvidia. Ark Invest plowed $50 million into Tesla.Sep 7