RCKT.AX is trading at A$10.62 (-3.37%) as escalating Middle East conflict drives a risk-off rotation out of high-beta space equities.
- The selloff aligns with broader investor de-risking of growth and venture-style assets following the U.S.βIran conflict escalation.
- RCKT.AXβs heavy concentration in SpaceX-related exposure amplifies its sensitivity to sentiment swings within the speculative space sector.
- Broader futures are also lower, indicating sector-wide weakness rather than an ETF-specific announcement.