SpaceX IPO Lifts Cathie Wood Ark Fund Holdings in OpenAI, Anthropic

SpaceX has completed its IPO and is trading higher, directly boosting the Ark Venture Fund's performance through its 11.38% stake. The fund, managed by Cathie Wood, now offers indirect exposure to the newly public SpaceX alongside major private positions in OpenAI (8.48%) and Anthropic (6.40%), which together exceeded 26% of assets as of late May. Structured as a closed-end interval fund rather than an ETF, it features high fees at a 2.90% expense ratio, $500 minimum investment, and limited quarterly redemption windows while holding about 70 companies focused on disruptive innovation.