Cathie Wood loads up SpaceX ahead of earnings debut, buys CoreWeave, Tesla, trims Shopify

Ark Invest continued to lean into high-conviction themes at the end of July, adding fresh capital to AI infrastructure, space exploration, autonomous technology, and defense-related names. The article highlights that space and defense remain the firm’s strongest recent conviction, with buying activity extending across SpaceX, CoreWeave, Tesla, Kratos Defense, BWX Technologies, TSMC, NVIDIA, and Meta Platforms. At the same time, Ark trimmed exposure to several other areas, including e-commerce, software, healthcare, industrials, and select consumer/internet names such as Shopify, Amazon, Snowflake, Robinhood, 10x Genomics, CRISPR Therapeutics, Deere, Caterpillar, Roblox, and Figma. Overall, the move signals continued portfolio rotation toward frontier technology and defense exposure while reducing positions in names that may be less aligned with Ark’s current growth thesis.