🔴 Space Innovators ETF (JEDI.L) is trading 3.9% down today as U.S.-Iran tension pressured space stocks

JEDI.L is trading at $88.60 (-3.89%) as renewed U.S.-Iran tension after the ceasefire expired pushed oil higher and Treasury yields to multi-year highs.

• Oil and yields pressure long-duration, capital-intensive growth stocks, including space companies.
• Rocket Lab fell 4.45%, AST SpaceMobile declined 5.19%, and SPCX dropped 4.07%, reinforcing sector-wide weakness.
• JEDI.L’s concentrated exposure amplifies selloff: ViaSat, AST SpaceMobile, Rocket Lab, EchoStar, and Planet Labs each represent roughly 5%+; technology leads market declines amid risk-off and sector pressure.