Key Takeaways ARK bought $20.5 million of SpaceX (SPCX) on July 20 across four of its ETFs. SpaceX shares traded near $119.85, down more than 45% from their June IPO price of $135. ARK trimmed Robinhood (HOOD) by $4.1 million the same day, continuing a pattern of profit-taking. A Familiar Pattern of Buying the SpaceX Dip The SpaceX purchase spread across ARK’s flagship ARKK, ARKW, ARKQ and ARKX funds, according to the firm’s daily trade disclosures. It is not the first time Wood has stepped in as Elon Musk’s rocket company has slid, given Ark Invest added $32.5 million of …