🟢 Space ETF (SPXE.TO) is trading 13.4% up on August 7, 2026 as SpaceX exposure rebounds

SPXE.TO is trading at CA$8.55 (+13.40%), benefiting primarily from a rebound in its dominant SpaceX exposure.

• The August 6 lock-up expiration made roughly 911.5 million shares eligible for trading; SpaceX shares continued recovering on August 7 despite the expected supply overhang.
• Bernstein raised its price target from $239 to $248.
• Broader space stocks rallied in early August on launch activity, defense contracts, earnings beats and lunar milestones, supporting the sector-wide move.