Cathie Wood back in headlines as Ark’s bets draw fresh scrutiny on crypto and big tech bets. CEO of Ark Invest, profiled for bold, disruptive bets.
Recent bets on prediction platforms suggest possible insider trading related to US-Iran tensions. Multiple accounts placed highly profitable wagers on ceasefires and military actions, with analysis indicating wallet-splitting and obfuscation. Regulatory scrutiny is increasing as authorities investigate potential market manipulation.
Iran is increasingly using cryptocurrencies to bypass sanctions, with over $10 million leaving Iranian exchanges after Israeli-US airstrikes. Funds linked to the IRGC are transferring abroad, supporting illicit activities and enabling covert sales of weapons. Civilians also turn to crypto as inflation worsens, making it a financial lifeline.
SpaceX has floated on Nasdaq under the ticker SPCX, raising about $75 billion at $135 a share and debuting with a market value above $2 trillion. The newly public group combines SpaceX's rocket and Starlink businesses with xAI and X. Investors have driven strong demand despite losses and questions about unproven projects such as orbital data centres and Mars plans.
SpaceX has begun trading in the largest IPO in history, raising about $75 billion and valuing the company at roughly $1.75 trillion. Investors are watching lock-up periods and potential insider sales as the stock enters a volatile early phase.