Receive $25,000 in member benefits

Cathie Wood Snaps Up $421K In Shares Of This 3D Printing Partner Of Elon Musk's SpaceX

Benzinga LogoBenzinga1w ago

Cathie Wood Snaps Up $421K In Shares Of This 3D Printing Partner Of Elon Musk's SpaceX - Benzinga

Quick Summary:

Cathie Wood’s Ark Investment Management on Friday hiked its stake in Velo3D Inc (NYSE: VLD), a 3D-printing technology firm that counts Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's SpaceX among its key customers.

Wood bought over 96,000 shares of the company, valued at over $421,000 based on Thursday’s closing price through the ARK Space Exploration & Innovation ETF (NYSE: ARKX).

The fund holds Velo3D shares valued at over $8.9 million with a ...

More Pictures


Article Details

Author / Journalist: Bhavik Nair

Category: Technology

Topics: Trading Ideas US88160R1014 Penny Stocks US5398301094 SpaceX ARK Investment Management Tech Broad U.S. Equity ETFs LMT Eurasia Small Cap Benzinga Long Ideas ETFs AJRD ARKX Cathie Wood News Markets VLD TSLA

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 01:37:53

News Timezone: GMT +8:00

News Source URL:

Language: English

Reading Time: 2 minutes read

Article Length: 229 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 484045

View Article Analysis

About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website:

Update Frequency: 19 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 13h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.