Cathie Wood is doubling down on her faith in Elon Musk once again, steering ARK Invest toward another significant investment in SpaceX. According to recent company logs, the investment firm went on a twenty seven million dollar shopping spree this past Friday, acquiring more than 200,000 shares of the aerospace giant across several of its exchange traded funds.

The move reflects Wood’s longstanding strategy of backing disruptive innovation and her specific confidence in Musk’s leadership. Over the years, she has funneled hundreds of millions of dollars into both SpaceX and Tesla, viewing them as cornerstones of a future driven by advanced technology and interplanetary exploration.

This latest purchase comes at a time when ARK continues to lean heavily into high growth assets despite market volatility. By expanding its position in SpaceX, Wood is signaling that she believes the private space company remains one of the most promising bets for investors looking toward long term exponential gains.