🔴 Space Industry ETF (RCKT.AX) is trading 3.17% down as space stocks slide amid Amazon satellite competition

RCKT.AX is trading at A$8.86, down 3.17%, as space-sector weakness appears to be the clearest direct catalyst. - SpaceX, AST SpaceMobile and Rocket Lab shares fell overnight, amid renewed attention on competition from Amazon’s satellite service. - As of October 28, RCKT had 31.0% in SpaceX and 6.7% in AST SpaceMobile. - Broader risk-off sentiment and technology and AI-investment concerns weighed on markets and futures. Intraday volume or trading activity was unavailable.