🔴 Space ETF (SPXE.TO) is trading 4.1% down on October 22 as SpaceX shares reverse

SPXE.TO is trading at CA$10.03, down -4.06%, as a reported reversal in SpaceX shares after their prior-session surge pressures the ETF.

• The ETF has direct SpaceX exposure and uses modest leverage, which can amplify moves in its underlying exposure.
• Broader technology weakness is weighing as investors reassess AI spending after mixed megacap results.
• Rising risk aversion amid Middle East tensions has pushed oil higher.