• The Roundhill Space & Technology ETF (MARS) surged +3.03% to $31.96 today, driven by significant momentum in the space-tech sector.
  • This follows the announcement of Rocket Lab's $8 billion acquisition of Iridium Communications on June 29, a major M&A deal that caused a rally in related space stocks, including key MARS holdings.
  • Broader risk-on sentiment in the Nasdaq and S&P 500, with both indices closing higher, also provided a tailwind for the high-beta ETF.