SPACE X is trading 3.6% down at BRL 51.00, amid broad risk-off trading.

  • On October 22, U.S. technology shares fell amid Middle East tensions and higher oil prices.
  • Recent reports described a sharp rise in SPACE X shares after strong quarterly results and Tesla merger discussions, but identified no new company-specific negative catalyst. Available evidence points mainly to global market sentiment, not a confirmed change in SPACE X’s outlook.