RCKT.AX is trading at $10.87 (-3.55%) following a sharp reassessment of SpaceX-related exposure and a broader rotation out of high-valuation growth themes.
- The selloff reflects a market-wide shift from growth-oriented space industry baskets into defensive positions after previous post-IPO rallies were fully priced in.
- Weakening sentiment across tech and growth sectors has amplified the decline, suggesting the ETF is reacting to index-level thematic repricing rather than specific Australian market events.