Walser Wealth Management Company A Ltd Liability Co purchased a new stake in SpaceX (NASDAQ:SPCX – Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 4,136 shares of the company’s stock, valued at approximately $624,000.
Several other hedge funds also recently added to or reduced their stakes in the stock. SC US Ttgp LTD. purchased a new position in SpaceX in the second quarter valued at about $20,933,621,000. Darsana Capital Partners LP acquired a new position in shares of SpaceX during the second quarter worth about $17,335,783,000. K5 Global Advisor LLC purchased a new stake in shares of SpaceX in the second quarter worth about $6,587,531,000. State Street Corp purchased a new stake in shares of SpaceX in the second quarter worth about $1,858,329,000. Finally, Dragoneer Investment Group LLC purchased a new stake in shares of SpaceX in the second quarter worth about $1,366,880,000.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on SPCX shares. Moffett Nathanson increased their target price on SpaceX from $131.00 to $142.00 and gave the company a “neutral” rating in a research note on Monday, September 14th. Sanford C. Bernstein reissued a “buy” rating on shares of SpaceX in a research report on Monday, September 28th. Wall Street Zen lowered SpaceX from a “hold” rating to a “sell” rating in a research report on Saturday, October 3rd. Arete Research set a $450.00 price target on SpaceX in a report on Tuesday, August 11th. Finally, UBS Group reaffirmed a “buy” rating on shares of SpaceX in a research report on Tuesday, September 29th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, nine have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $220.06.
View Our Latest Research Report on SpaceX
Insider Buying and Selling at SpaceX
In other news, COO Gwynne Shotwell sold 342,170 shares of the firm’s stock in a transaction dated 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 sale, the chief operating officer directly owned 2,472,035 shares in the company, valued at $379,630,414.95. This trade represents a 12.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
SpaceX Price Performance
SpaceX stock opened at $148.62 on Friday. SpaceX has a 12-month low of $104.83 and a 12-month high of $225.64. The stock has a market cap of $1.96 trillion and a P/E ratio of -1,651.33. 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 fifty day moving average price is $148.19.
SpaceX (NASDAQ:SPCX – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion during the quarter. The company’s revenue for the quarter was up 91.9% on a year-over-year basis. Analysts forecast that SpaceX will post 0.07 earnings per share for the current fiscal year.
Trending Headlines about SpaceX
Here are the key news stories impacting SpaceX this week:
- Positive Sentiment: Large Google contract supports growth expectations. Google is reportedly renting SpaceX computing capacity for approximately $920 million per month under a 33-month agreement valued at up to $30 billion, although the full amount is not guaranteed. Google contract article
- Positive Sentiment: Starlink’s commercial momentum remains strong. United Airlines has equipped more than 635 aircraft with Starlink, covering nearly half its fleet, while American Airlines plans installations on more than 1,030 aircraft. SpaceX also reportedly added about 570,000 subscribers per month in the second quarter. United Airlines Starlink article
- Positive Sentiment: Institutional results highlight SpaceX’s investment appeal. Harvard’s endowment rose 27.1% in fiscal 2026, helped by its reported $2.2 billion SpaceX holding. Morgan Stanley maintained an Overweight rating and a $300 price target, while some analysts remain substantially more bullish. Harvard endowment article
- Neutral Sentiment: Starship and wireless expansion offer future upside but require execution. Investors are watching the timing of a Florida Starship launch and SpaceX’s ambitions to expand Starlink into mobile wireless. Analysts note that terrestrial infrastructure, spectrum deployment and device compatibility could require billions in additional spending. Wireless expansion article
- Negative Sentiment: Ukraine-related restrictions increased political and reputational risk. Ukrainian officials said Starlink or Starshield speed limits disrupted drone operations. Elon Musk attributed any restrictions to the U.S. government, and reports later indicated service was at least partially restored. The dispute could threaten government relationships and future contracts. Ukraine Starshield article
- Negative Sentiment: Insider share unlocks may increase supply. A further release of as many as 1.3 billion shares is approaching, potentially creating dilution or selling pressure shortly after SpaceX’s recent IPO. SpaceX share unlock article
- Negative Sentiment: Valuation leaves little room for disappointment. Commentators said SpaceX already reflects substantial growth, and its large market capitalization could limit returns even if revenue continues rising. Speculation about a Tesla merger remains unconfirmed and has not provided a dependable near-term catalyst. SpaceX valuation article
About SpaceX
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.
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