41,165 Shares in SpaceX $SPCX Purchased by Kessler Investment Group LLC

Posted by Brian Himes on Oct 8th, 2026

Kessler Investment Group LLC bought a new position in shares of SpaceX (NASDAQ:SPCX – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 41,165 shares of the company’s stock, valued at approximately $6,210,000. SpaceX accounts for approximately 2.8% of Kessler Investment Group LLC’s holdings, making the stock its 16th biggest position.

A number of other large investors have also recently bought and sold shares of the stock. SC US Ttgp LTD. acquired a new position in shares of SpaceX during the 2nd quarter worth about $20,933,621,000. Darsana Capital Partners LP bought a new position in SpaceX during the 2nd quarter worth approximately $17,335,783,000. K5 Global Advisor LLC acquired a new position in SpaceX during the second quarter valued at approximately $6,587,531,000. State Street Corp bought a new stake in SpaceX in the second quarter valued at approximately $1,858,329,000. Finally, Dragoneer Investment Group LLC acquired a new stake in SpaceX in the second quarter worth $1,366,880,000.

Analyst Ratings Changes

SPCX has been the topic of a number of recent analyst reports. Sanford C. Bernstein reissued a “buy” rating on shares of SpaceX in a research report on Monday, September 28th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of SpaceX in a research note on Tuesday, September 29th. Cfra assumed coverage on SpaceX in a report on Friday, June 12th. They set a “sell” rating and a $115.00 target price on the stock. William Blair reissued an “outperform” rating on shares of SpaceX in a research note on Friday, September 11th. Finally, Piper Sandler lowered their price target on SpaceX from $156.00 to $140.00 and set a “neutral” rating for the company in a report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, SpaceX currently has an average rating of “Moderate Buy” and a consensus target price of $218.76.

Check Out Our Latest Report on SpaceX

Insiders Place Their Bets

In other news, COO Gwynne Shotwell sold 342,170 shares of the firm’s stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $153.57, for a total transaction of $52,547,046.90. Following the completion of the transaction, the chief operating officer directly owned 2,472,035 shares of the company’s stock, valued at $379,630,414.95. This trade represents a 12.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX News Summary

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: The FCC approved SpaceX’s plan to deploy 15,000 additional Starlink satellites for direct-to-device services and waived a requirement to lease capacity from ground-based carriers. The decision could accelerate Starlink’s mobile connectivity expansion. SpaceX gets FCC approval for 15,000 Starlink satellites
Positive Sentiment: Morgan Stanley reaffirmed a Buy rating and a $300 price target, arguing that Starlink and contracted AI-compute capacity could support SpaceX’s growth and help service the planned AI investment. Morgan Stanley maintains SpaceX Buy rating
Neutral Sentiment: Erste Group initiated coverage with a Hold rating. The firm sees meaningful potential in SpaceX’s AI operations and core rocket business, but the company’s rapid expansion and valuation leave limited room for execution setbacks. Erste Group initiates SpaceX coverage
Neutral Sentiment: President Donald Trump’s financial disclosure showed a purchase of as much as $5 million in SpaceX debt. While the investment may attract attention, it does not directly change the company’s operating outlook. Trump disclosure includes SpaceX debt purchase
Negative Sentiment: SpaceX is reportedly seeking approximately $40 billion—about $10 billion in loans and $30 billion in bonds—to purchase Nvidia AI chips and expand computing capacity. Investors are concerned that the debt could increase leverage and credit risk, particularly because the company already has substantial cash reserves. Apollo and banks discuss SpaceX Nvidia financing
Negative Sentiment: Up to 328.4 million shares may become eligible for trading in the October 9 lock-up expiration, creating a potential increase in supply and additional selling pressure after the stock’s recent rally. SpaceX share unlock outlook
Negative Sentiment: Starlink’s launch in India remains stalled. Elon Musk accused powerful local telecom interests of blocking the service, while India rejected the discrimination claim, escalating regulatory and political uncertainty around a potentially important market. Starlink India launch dispute

SpaceX Stock Performance

NASDAQ SPCX traded down $6.29 on Thursday, reaching $161.31. The company had a trading volume of 33,109,971 shares, compared to its average volume of 102,058,617. The stock’s fifty day moving average price is $142.98. SpaceX has a 1-year low of $104.83 and a 1-year high of $225.64. The firm has a market cap of $2.13 trillion and a price-to-earnings ratio of -1,791.50. The company has a quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29.

SpaceX (NASDAQ:SPCX – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) EPS for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion during the quarter. The business’s revenue for the quarter was up 91.9% compared to the same quarter last year. On average, research analysts forecast that SpaceX will post 0.09 earnings per share for the current year.

About SpaceX

(Free Report)

Space Exploration Technologies Corp. (SpaceX) is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles, spacecraft and satellite systems designed to reduce the cost of access to space and support commercial, government and scientific missions.

SpaceX’s primary products and services include the Falcon 9 and Falcon Heavy launch vehicles, the Dragon spacecraft and the Starlink satellite internet network. The company also is developing Starship, a fully reusable launch and spacecraft system intended for missions to Earth orbit, the Moon and Mars.