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Cathie Wood’s Ark Investment said on Tuesday that Elon Musk-led SpaceX’s valuation could reach $2.5 trillion by 2030.
(Reuters) - Cathie Wood, founder and CEO of ARK Investment Management, defended the strategy of the firm's money-losing flagship fund, telling investors in a letter released late on Wednesday that ...
In 2014, Cathie Wood established ARK Investment Management after AllianceBernstein rejected her idea for actively managed exchange-traded funds focused on radical innovation as being too risky.