Cathie Wood's Ark Invest Buys the SpaceX Dip and Dumps $8.6 Million Worth of Surging AMD Stock - SpaceX (

The SpaceX buy came as the Elon Musk-led company's stock retreated from its first-week debut highs. Shares have fallen 28.9% from a peak of $225.64, though SpaceX still commands a market value of about $2.1 trillion, placing it among the world's most valuable companies.

The AMD Trade

The chipmaker's rally came as Japanese autonomous driving startup Turing Inc. said it raised $79 million in an extension of its Series A round, adding AMD Ventures as a new investor and expanding use of AMD's AI accelerators. The funding valued Turing at about $600 million.

Other Key Trades

Benzinga Edge Stock Rankings indicate SpaceX Stock doesn't check out on Short, Medium, and Long Price Trends.

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