# Cathie Wood: SpaceX Could Become the Most Important Company in History Ark Invest CEO maintains faith in SpaceX despite stock decline. - **Source:** [Bitcoin News](https://brifing.si/source/d8aeaf1e-9839-4dad-9d25-7a6bf3fbeef8) - **Published:** 2026-07-22 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/0f8c3feb-4b7f-432e-9b99-1cfdf5b00071 ## Historic Endorsement for SpaceX Ark Invest CEO Cathie Wood stated SpaceX has potential to become 'the most important company in history' despite shares trading 48% below peak. She cites Starlink, space exploration and orbital data centers as transformative opportunities that could redefine global infrastructure. ## Stock Performance and Risks SpaceX shares traded at $116.95 on July 22, 48% below their $225.64 high. The company faces a critical test on August 6 when lock-up restrictions expire on $116 billion worth of insider shares, potentially creating near-term selling pressure. ## Starlink's Global Disruption Wood emphasizes Starlink's ability to bypass country-by-country telecom models. With 70% of operational satellites and FCC approval for 7,500 additional Gen2 satellites, SpaceX aims to expand its constellation to 15,000 units for global coverage. ## Orbital Data Centers and AI SpaceX's infrastructure could revolutionize AI development through orbital data centers that offer cost advantages over terrestrial alternatives. Wood believes this will enable creation of sophisticated frontier AI models at unprecedented economics. ## Ark Invest's Position Ark Invest has doubled down on SpaceX, purchasing approximately $80 million in post-IPO shares. Wood's conviction in the company's long-term potential remains steadfast despite the stock's significant pullback from its highs. ## The Future of Space Economy SpaceX's trajectory represents more than an investment thesis—it's a test case for private space industry maturation. If Wood's vision materializes, the company could pioneer new eras in global communications, AI infrastructure and space accessibility. ## Sources covering this story - https://news.bitcoin.com/cathie-wood-says-spacex-could-become-the-most-important-company-in-history-despite-48-stock-slide/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._