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News 2026-08-21 08:25 UTC

Cathie Wood Calls Disappearance of Entry-Level Corporate Jobs a ‘Blessing in Disguise,’ Backs Elon Musk’s AI-Powered One-Person Company Visi

ARK Invest CEO Cathie Wood said artificial intelligence could turn the loss of entry-level corporate jobs into an entrepreneurial boom, backing Elon Musk’s proposal to use Grok to create an "instant one-person company." Wood Sees AI Fueling Startup Boom "As Elon suggests, AI is likely to create an entrepreneurial explo

News 2026-07-29 03:05 UTC

Cathie Wood Bets Big on Nvidia Stock: Ark Buys $15.6 Million Worth of Shares as Jim Cramer Calls Chip 'Absurd' — Ark Loads Up on SpaceX, Tes

On Tuesday, Cathie Wood ’s Ark Invest stayed active in a volatile tech tape, adding to several headline growth names while trimming others. The most notable move was another broad push into SpaceX (NASDAQ: SPCX ), followed by sizable trades in Tesla Inc. (NASDAQ: TSLA ), Nvidia Corp. (NASDAQ: NVDA ), Amazon.com Inc. (N

News 2026-06-28 17:30 UTC

SpaceX IPO Favors Insiders

SpaceX's IPO sparks concerns over corporate governance and insider benefits, with a financial reform expert urging indices not to fast-track the company's inclusion