SPXE.TO is trading at CA$7.75, down 10.40%, with reports highlighting uncertainty around SpaceX’s large AI-computing investment and power requirements.
- SpaceX is SPXE’s underlying exposure.
- Election-related concerns about tighter AI and data-center oversight weighed on technology and semiconductor shares; weak Qualcomm results added pressure.
- The broader risk-off session likely compounded the decline, but available reports do not establish a single cause for SPXE’s full move.