🔴 Space Industry ETF (RCKT.AX) is trading 3.1% down amid space-sector losses and Starship competition

RCKT.AX is trading at A$9.66, down -3.11%, as space-sector weakness likely weighed.

• Rocket Lab and AST SpaceMobile each fell 3% in U.S. trading on September 29; SpaceX’s Starship deployed operational satellites for the first time, sharpening competitive concerns.
• The two companies have reported ETF weights of 9.3% and 8.9%; elevated Treasury yields and broadly lower U.S. stocks also pressured growth-oriented assets.
• Evidence points to sector-specific pressure and a weaker macro backdrop, not a confirmed ETF-specific event.