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Cathie Wood makes $240 mn OpenAI bet as IPO nears
short by / on Wednesday, 1 April, 2026
Cathie Wood's ARK ETFs invested $240 million in OpenAI's $122 billion funding round, offering retail investors pre-IPO access. OpenAI separately raised $3 billion from individual investors. This move highlights the trend of investors seeking exposure to pre-IPO tech giants like SpaceX and Anthropic through funds such as ARK, VCX, and DXYZ.
read more at Stocktwits