🔴 Space Industry ETF (RCKT.AX) is trading 3% down as space stocks react to launch-risk concerns

RCKT.AX is trading at A$9.69, down 3.00%, as space-sector weakness appears to be the main pressure.

• An October 12 report described broad space-stock declines after Blue Origin’s New Glenn engine-test explosion, renewing commercial-launch risk concerns; several named space firms fell sharply.
• RCKT.AX’s substantial exposure to SpaceX, EchoStar, Rocket Lab and AST SpaceMobile means space-share weakness can weigh on it.
• Geopolitical and oil-price concerns feature in market context, but no clear evidence shows they specifically drove RCKT.AX’s move.