🔴 SPCX.TO is trading 4.5% down today as post-IPO and index-inclusion rally unwinds

SPCX.TO is trading approximately 4.5% down today as the sharp post-IPO and index-inclusion rally in SpaceX-linked products continues to unwind.

• The decline reflects ongoing profit-taking and a valuation reassessment in high-growth technology names following a period of significant gains.
• Underlying SpaceX (SPCX) stock is also falling around 4–5%, with broader tech sentiment pressured by recent semiconductor and AI stock pullbacks.