SPXE.TO is trading at CA$9.20 (-3.06%) as SpaceX share-supply concerns pressure the fund.
- Up to 911.5 million shares became sale-eligible on August 6; further releases are scheduled.
- SPXE invests entirely in SpaceX shares and uses approximately 25% leverage, amplifying underlying moves.
- Cooling July inflation and lower September Federal Reserve hike expectations support growth stocks; near-record indexes make the decline more consistent with SpaceX-specific supply and valuation concerns than broad risk-off selling.