RCKT.AX is trading 4.8% up today as the space industry thematic ETF rebounds from recent risk-off pressure tied to hawkish Fed messaging and geopolitical tensions.

  • Broader tech and growth assets are rallying following strong U.S. mega-cap earnings and softer-than-expected inflation data.
  • Improving risk sentiment is providing a tailwind for high-beta thematic funds, specifically supporting space and satellite-focused plays.