Bill Few Associates Inc. Acquires 3,566 Shares of SpaceX $SPCX

Posted by Francis Steltz on Oct 9th, 2026

Bill Few Associates Inc. acquired a new position in SpaceX (NASDAQ:SPCX – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 3,566 shares of the company’s stock, valued at approximately $538,000.

Other hedge funds have also bought and sold shares of the company. Wedbush Securities Inc. purchased a new stake in shares of SpaceX during the 2nd quarter valued at about $5,094,000. Hyperion Asset Management Ltd bought a new position in SpaceX during the second quarter valued at approximately $201,137,000. K5 Global Advisor LLC bought a new position in SpaceX during the second quarter valued at approximately $6,587,531,000. Turner Financial Group Inc. purchased a new stake in SpaceX in the second quarter worth approximately $1,228,000. Finally, Rik Saylor Financial Inc. bought a new stake in SpaceX in the 2nd quarter worth approximately $1,670,000.

SpaceX Trading Up 1.2%

SpaceX stock traded up $2.00 during trading on Friday, reaching $162.57. The company had a trading volume of 92,626,626 shares, compared to its average volume of 102,444,141. The stock has a market capitalization of $2.14 trillion and a price-to-earnings ratio of -1,806.33. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.12 and a quick ratio of 4.99. The business’s 50-day moving average is $143.95. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64.

SpaceX (NASDAQ:SPCX – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.17. The company had revenue of $7.81 billion for the quarter. SpaceX’s revenue for the quarter was up 91.9% on a year-over-year basis. On average, analysts predict that SpaceX will post 0.09 earnings per share for the current year.

Insider Activity

In related news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction that occurred on Tuesday, September 22nd. The stock was 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 in the company, valued at approximately $379,630,414.95. The trade was a 12.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Wolfe Research reissued an “outperform” rating and set a $175.00 price target on shares of SpaceX in a report on Wednesday, August 26th. Moffett Nathanson upped their price objective on SpaceX from $131.00 to $142.00 and gave the company a “neutral” rating in a research report on Monday, September 14th. Bank of America initiated coverage on SpaceX in a report on Tuesday, July 7th. They issued a “buy” rating and a $235.00 target price on the stock. Arete Research set a $450.00 price target on SpaceX in a research note on Tuesday, August 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of SpaceX in a research report on Wednesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, nine have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat, SpaceX presently has a consensus rating of “Moderate Buy” and a consensus target price of $219.77.

Check Out Our Latest Stock Report on SpaceX

More SpaceX News

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: The spectrum purchase—reported at roughly $8 billion by some outlets, although the exact price was not disclosed—could give Starlink Mobile stronger coverage indoors and in dense urban areas where satellites are less effective. The deal also positions SpaceX to compete more directly with AT&T, Verizon and T-Mobile. SpaceX’s low-band spectrum deal gives Starlink Mobile a terrestrial foothold
Positive Sentiment: Analyst support added to the bullish reaction. Barclays initiated coverage with a Buy rating and a $254 target, while TD Cowen reaffirmed Buy with a $200 target; other analysts highlighted the hybrid satellite-and-terrestrial network strategy. Two Reasons SpaceX Stock Is Jumping Higher Today
Positive Sentiment: The FCC’s approval of up to 15,000 next-generation Starlink satellites strengthens the company’s long-term direct-to-device opportunity. Investors are also valuing SpaceX’s reported AI-computing demand and potential Nvidia chip purchases as additional growth engines. SpaceX Gets Green Light for 15,000 Starlink Satellites
Neutral Sentiment: The spectrum transaction remains subject to final FCC approval, and SpaceX still must invest heavily to build a terrestrial network, integrate services and attract wireless customers. The launch of Blue Origin as a future public-company competitor may also increase attention on the space sector. SpaceX Makes Big Play to Become a Wireless Carrier
Negative Sentiment: Up to approximately $51 billion of insider shares became eligible for sale, creating a potential supply overhang and volatility risk after the recent rally. SpaceX Insider Shares Unlock
Negative Sentiment: Reports that SpaceX may borrow $40 billion to purchase Nvidia chips continue to raise concerns about leverage, execution and the risk of spending aggressively on an unproven AI infrastructure business despite its substantial cash holdings. SpaceX in Talks to Raise $40 Billion in Loans

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.