🔴 SPXE.TO is trading 4.2% down today on profit-taking after recent SpaceX-driven rally

SPXE.TO is trading 4.2% down today as the fund extends its recent decline following a sharp SpaceX- and ARK-driven rally earlier in the month.

• The move appears to be driven by ongoing profit-taking and mean reversion in SpaceX-linked thematic exposure rather than a reaction to new macro data.
• Broader market indices are only modestly weaker, and there are no major economic releases scheduled for the session.
• The current pullback follows significant upward momentum seen in the first half of July 2026.