SPCX.TO is trading at CA$23.25 (+3.29%), supported by renewed optimism around the global space economy and expectations for more than 1,000 annual U.S. launches by 2030.
- Launch, satellite, and space-infrastructure shares are participating in the move.
- Major U.S. indices are higher, while the broader risk backdrop remains mildly positive.
- The sector continues recovering from July’s selloff; recent gains across space names have been linked to launches, defense contracts, earnings, and lunar milestones.