🔴 Space ETF (JEDI.L) is trading 3% down as election-driven oversight concerns pressure space stocks

JEDI.L is trading at $67.76 (-3.03%) as election-driven concerns about political scrutiny weigh on space stocks.

• Several companies in the sector fell 2% to 6% overnight.
• JEDI.L’s exposure includes Rocket Lab and AST SpaceMobile, both named among stocks under pressure.
• Broader U.S. markets were higher, suggesting a sector-specific drag amid uncertainty over congressional oversight and federal space-industry exposure.