# Cathie Wood's latest big bet on Elon Musk is about to pay off

> **Open Intelligence Dossier** · First detected: 2026-06-11 17:26 UTC · Category: Business

## Executive Summary
ARK Venture Fund hits $1 billion in assets as anticipation grows surrounding upcoming IPOs for SpaceX, OpenAI, and Anthropic.

## Intelligence Brief
The ARK Venture Fund has reached $1 billion in assets under management. This growth coincides with investor interest in private equity positions held by the firm, specifically regarding Elon Musk’s SpaceX and artificial intelligence companies including OpenAI and Anthropic.


Coverage from outlets such as Yahoo Finance, Morningstar, and The Business Journals highlights the fund's strategy of gaining exposure to high-profile private companies. Market watchers are monitoring the status of upcoming IPOs for these specific companies.


Information regarding precise timelines for these public listings or further expansion of ARK’s private equity portfolio is not yet specified in current reporting.

## Multi-Source Evidence Table
| Source Outlet | Headline | Verification URL |
|---|---|---|
| Morningstar | SpaceX, OpenAI and Anthropic: Funds Are Gaining Exposure to These Bumper IPOs | [Source Link](https://news.google.com/rss/articles/CBMirwFBVV95cUxNNkIyMi1uYUdTbVlOanBSRlplSjNUeUs1ZWFJT1RnSVlscERJMU1GSk1kVnRzQlhBYUw1NkU3WFZkR1J5MjhvNEhFVU5RVTNQYXlCSF9kZXJNbGZWeEpFdnJ0UnZrd1pkMzRCUE9BRTRIdDBjbVhaSWhva25HU21QUmozaGhmTHhUb0wxTnduLXlQaEo0QlZybGZzcnN2YVRReWVWTWRpNXlvRFJoWVVz?oc=5) |
| thewealthadvisor.com | A Defining Moment For ARK's Long-Term Investment Thesis | [Source Link](https://news.google.com/rss/articles/CBMikwFBVV95cUxPbV9NT1d0RnVaTUM0MEZLOU5CNHBfZnkydEtaaWNESERZT1l2M1AyR19GQnNzeVFEVWJkclFoSkozZms3UVNDeHRVRkhEZGdqMUV5eG9BckdOTHFSYWd5SXNjWnVYOU9tWUNmdHU2T19abklQZUlaclZtcWNQNWdxUGloU0dlN1pfVDlDdVprc3J5T1k?oc=5) |
| St Pete Catalyst | ARK Venture Fund surpasses $1 billion in assets | [Source Link](https://news.google.com/rss/articles/CBMihgFBVV95cUxNODBwcXZDbWZmRkgzaTFLVC10eXFGazNpVHVwWV9xbFJFZXJXN09zQmhwYTlTQXNjckdoeHZnSWxrNFB2eUE5a1FvQTRFWHY3QmtyM0F2d0RoTko0bDFkeWZRa2tzT3dPcmxHOUpoTHVlUUpnQy0yZldUNlk0Y2o3NFBmdmpkZw?oc=5) |
| Yahoo Finance | Cathie Wood's Private Equity Fund Hits $1 Billion in Assets as Investors Clamor for SpaceX | [Source Link](https://news.google.com/rss/articles/CBMingFBVV95cUxOcU5jd1lMRTBVSVJUWkppUXprcEdVYkhWa2FQLXNzZG5QTmtOSWVCMUxGSWZTekhqSndtRDhWWEN3Y3ZWcUZVcFR1WTZqRHZHd0trZkRhYTNjOEVRemFSbXMyNUc2N3RHTEpGcnRFUVhWMVpkQS03LVQ0bFl6SkZaOHdsMUNIYlA4d29RZEsxZWdJNEFZZXZXbUdILUFNUQ?oc=5) |
| The Business Journals | Ark Invest could see 50x return in Anthropic’s blockbuster IPO | [Source Link](https://news.google.com/rss/articles/CBMipgFBVV95cUxObC1DS1ZReDJseXFVMEZTaV9IbTRQRjd5VUFtZHBkSTJzcVEtdy1SX2prTHZSZ0tDaEhzYThOYWlqeTlEN2ItQV85MXh3Z2xQcEUteld0MmNWbWJzMjNhZ2NEcktaRUwxR1BNNzNXejQyZGFzNmNzWkQ5RHgzZ3ZKQVUwaUNYRVltN000UHRpd0JMbmszWGpuYi1IYzJqbXVGWjlsQXl3?oc=5) |
| Business Insider | Cathie Wood's latest big bet on Elon Musk is about to pay off | [Source Link](https://news.google.com/rss/articles/CBMiigFBVV95cUxNcHBLb2xGdzVKYlpLZThnYWZWY0daNWZwN05wazBMYTdQcTlBUGt2QkVrazctY0VNM1E3TG0yZzdyZ3RfY0NnOHI4QUVxaTU4b1JlRzU5VmFndlY1VWJNYnBoUWpzT3N1YzhiS19GRm9kMEZQcV9SNlNISkFjcW12c3FNMlU0SnFzN3c?oc=5) |

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*Canonical Source: https://pulse.byoviral.com/trend/2026-06-11/cathie-wood-s-latest-big-bet-on-elon-musk-is-about-to-pay-off*