Ark Invest funds purchased $27.9 million in Meta and $45 million in Rocket Lab, betting on AI-enhanced ad performance and the long-term growth of the space infrastructure sector.
Cathie Wood’s Ark Invest funds have deployed $72.9 million into Meta Platforms and Rocket Lab, capitalizing on recent price corrections. Wood maintains a bullish outlook on Meta’s AI-driven advertising growth and Rocket Lab’s expanding role in the space economy, viewing both as undervalued long-term opportunities despite current volatility.
Wood believes Meta's heavy investment in data centers and AI will eventually translate into higher free cash flow, while the company's 3.6 billion daily users provide a durable moat for ad monetization.
Ark views Rocket Lab as a key player in the $1 trillion space industry, noting its record backlog, strong launch demand, and the strategic potential of its end-to-end space infrastructure capabilities.