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Cathie Wood Dumped Palantir for This Stock

Cathie Wood’s ARK dumped most of its Palantir shares and bought into a tiny company moving human organs and pitching flying taxis. Could it really be the next Uber—or is this just a speculative bet?

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Edge Of Power
May 27, 2025
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The Cathie Wood Bet: Betting Big on a Loss-Making Air Mobility Startup

Cathie Wood has found a new favorite in Blade, a company few have heard of—unless you're in the business of organ transportation. That’s right, Blade’s core business is flying human organs for transplant. With a market capitalization of $272 million, the company fits Wood’s criteria p…

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