🟢 SPCX ETF (SPCX.TO) is trading 3.20% up after Citi raised forecasts

SPCX.TO is trading 3.20% up as SpaceX-linked shares continued rebounding toward the $135 IPO price after last week’s AI-spending selloff.

• Citi raised its forecasts and reiterated a buy rating; Argus had previously upgraded SpaceX to buy.
• Technology futures were firmer early, but major indexes were roughly flat ahead of Wednesday’s CPI report.
• The move appears primarily SpaceX-specific, with sentiment improving around Starlink growth and long-term AI infrastructure investments.