ORBX.TO is trading 3% down today as the ETF extends its pullback following a sharp global technology and AI-driven market selloff.

  • Space-related and high-growth technology names remain under pressure as investors question stretched AI valuations and rotate out of speculative growth assets.
  • The decline follows the June 23, 2026, global technology rout, marking several consecutive down days for the space-tech equities tracked by the fund.
  • Market sentiment continues to be weighed down by broader volatility in the tech sector, impacting companies focused on space exploration and satellite technology.