SpaceX CDR ETF (SPCX.TO), which tracks SpaceX (SPCX) via a Canadian Depositary Receipt, is trading slightly higher after sharp swings in the underlying stock over recent sessions. Recent moves reflect ongoing post‑IPO volatility, driven by index inclusion flows (MSCI/Nasdaq-100), tight float dynamics, and rapid repricing of AI/space-growth names rather than a new, single-day catalyst.