Cathie Wood and Elon Musk.
Ark Investment Management; Samuel Corum/Getty Images
- In an email to subscribers, Ark Invest highlighted its exposure to Elon Musk's private companies.
- Its venture fund includes stakes in SpaceX, X, and xAI, totaling nearly 15% of net assets.
- Ark Invest hyped Musk's influence with Donald Trump, saying his companies could also benefit.
Cathie Wood's Ark Invest is banking on Elon Musk, the world's richest man whose closeness with President-elect...