Cathie Wood names Tesla and SpaceX as her top AI stock picks

Cathie Wood has never been shy about picking sides. On July 22, 2026, appearing on Fox Business, the ARK Invest CEO made her position crystal clear: Tesla and SpaceX are her top AI stock choices, and she thinks the rest of the market is still underestimating both. Wood’s reasoning is straightforward, even if the underlying technology is not. Tesla brings robotaxis, the Optimus humanoid robot program, and AI infrastructure to the table. SpaceX brings orbital data centers, advanced satellite networks, and what Wood described as the potential to become “the most important company in global history.” Together, she sees them as the twin engines of a technological transformation that makes most other investment theses look incremental by comparison. ARK is putting serious money where its mouth is This is not purely a talking-head moment. ARK Invest backed its conviction with a significant capital commitment when SpaceX went public in June 2026, deploying approximately $530 million on the IPO debut day alone. Since then, ARK has continued buying, adding over $80 million in additional SpaceX shares through mid-July. Tesla has received similar treatment. After the stock dropped roughly 15% ...