JEDI.L is trading at $63.73 (-5.11%) as a broad technology and AI selloff weighs on growth-oriented space stocks following midterm election results.
- Investors are reacting to fears that a Democratic-controlled Congress could slow data-center construction and impact SpaceX-linked government contracts.
- The downward pressure extended across the sector, with peers like Rocket Lab and AST SpaceMobile also seeing sharp declines despite a lack of company-specific news.