🔴 SpaceX CDR (SPCX.TO) is trading 3.9% down as 319 million shares became eligible for release

SPCX.TO is trading at CA$23.40 (-3.90%), and the decline appears primarily company-specific: a second tranche of approximately 319 million SpaceX shares became eligible for release on August 12, increasing potential selling supply and weighing on the CDR.

• U.S. equities are higher after cooler July PPI and CPI data.
• The August 13, 2026 move is more likely driven by SpaceX’s post-IPO lockup overhang than macro risk-off sentiment.