🔴 SpaceX ETF (SPXE.TO) is trading 3.57% down on August 13, 2026 amid unlock concerns

SPXE.TO is trading at CA$9.45 (-3.57%) as it declines despite stronger broader markets, suggesting a fund-specific move rather than a macro-driven one.

• July PPI came in flat, while broader markets strengthened.
• SPXE invests on a levered basis in SpaceX, making it highly sensitive to SPCX volatility.
• SpaceX’s recent rally, ongoing AI-spending concerns, and a reported August 20 share-unlock event are likely encouraging profit-taking.