SPCX.TO is trading 3.2% up today as the ETF rebounds from earlier selling, driven by ongoing index and ETF allocation flows following the SpaceX IPO and confirmed index inclusions.

  • The recovery follows sharp selling earlier in the week tied to the SpaceX IPO and the subsequent re-pricing of SpaceX-linked products.
  • Gains are further supported by a broadly positive equity tape and improved consumer sentiment in the U.S.