RCKT.AX is trading 0.7% higher today, buoyed by the strong post-IPO performance of its primary holding, SpaceX, and a broader re-rating of the space industry.
- The ETF is benefiting from its outsized exposure to SpaceX, which continues to drive gains following its successful public listing.
- Investors are showing renewed optimism for space-related equities, supporting incremental buying despite mixed performance in the broader markets.
- Market sentiment is shifting toward long-term growth prospects for the sector, helping the fund recover from recent volatility.