SPXE.TO is trading at CA$7.29 (-14.25%) after SpaceX reported $18.4 billion in quarterly capital expenditures, sparking a sharp selloff in premarket trading.
- The decline reflects a specific repricing of the single-stock ETF around its only holding rather than a broader move in the Canadian market.
- While overall risk appetite remains supportive, SpaceX-specific sentiment is currently dominating the price action for the fund.