SpaceX Stock Price Falls 3.8% as Ark Invest Buys $47.4M in SPCX
Image: The Coin Republic
Key Insights: Bitcoin news on Nov. 4 showed BTC up 6% as the SpaceX stock price fell 3.8%. Cathie Wood’s Ark Invest bought 348,406 SPCX shares worth about $47.4M. Morgan Stanley kept its $300 target, about 121% above the latest close. Cathie Wood’s Ark Invest bought about $47.4 Million worth of SpaceX (SPCX) shares on Nov. 4, Benzinga reported. The buy came as the SpaceX stock price fell following the U.S. midterms. SpaceX Stock Price Slid After Democrats Swept Congress SPCX closed at $135.92 on Nov. 4, down 3.81% from $141.31. At one point during the session, the stock was down 5.3%. Shares moved between $133.14 and $140.50. Volume hit 135.4 Million shares, well above the 103.1 Million average. Democrats won both chambers of Congress in the midterms.
Read the full story on The Coin RepublicBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to The Coin Republic.
