JEDI.L is trading at $72.59 (-3.01%) as SpaceX’s direct-to-phone authorization and spectrum move intensify competition in the space sector.

  • Carrier-dependent AST SpaceMobile, a 7.64% holding, fell 6.76%; Planet Labs dropped 3.45% and Rocket Lab 3.35%, reflecting broader space-stock pressure.
  • Elevated Treasury yields may also pressure high-valuation growth stocks, while broader U.S. indexes were nearly flat.