# Cathie Wood Bets Big on SpaceX

Page: https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659/cathie-wood-bets-big-on-spacex
Text version: https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659/cathie-wood-bets-big-on-spacex.md
Podcast: [Durham News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659)
Published: 2026-06-15T11:35:20+00:00
Episode link: https://api.fastcast.ai/audio/84f14b7f-d19a-4997-b27f-684bb94c8dc8.mp3
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Duration seconds: 106

## Resource

Cathie Wood is betting big on SpaceX, pouring over $529 million into the company as part of her bold strategy to ride the wave of disruptive tech like AI and robotics. Despite recent turbulence in her flagship Ark Innovation ETF — which underperformed the S&P 500 this year and saw investor outflows — Wood remains convinced that innovation, especially in AI, is fueling a “great acceleration” that could defy downturns. Her track record includes early bets on Coinbase and CoreWeave, and she’s been a SpaceX supporter since late 2023, crediting Musk’s resilience for driving innovation. With eyes on potential interest rate cuts, Wood’s high-stakes approach continues to chase outsized returns — even if it means weathering volatility. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/269df5f906db744b

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