Cathie Wood: SpaceX Stock Price Falls Below IPO Price, Bull Market Not Over

By: rootdata|2026/07/28 04:55:49

ARK Invest founder Cathie Wood stated that SpaceX's successful splashdown of its Starship last Friday could be a turning point for the company. However, the company's stock price further fell below its IPO price when the market opened on Monday. Cathie Wood believes that the stock market is facing a "wall of worry," but the bull market will not end because of this. She emphasized that the end of a bull market typically occurs when everyone believes in limitless possibilities for the future.

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