JSF Financial LLC Buys New Position in SpaceX $SPCX

Posted by Stanley Muller on Oct 23rd, 2026

JSF Financial LLC bought a new stake in SpaceX (NASDAQ:SPCX – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,827 shares of the company’s stock, valued at approximately $879,000.

Other large investors have also modified their holdings of the company. Syntax Research Inc. acquired a new stake in shares of SpaceX during the second quarter worth $26,000. Atwood & Palmer Inc. acquired a new position in SpaceX in the 2nd quarter valued at $29,000. PayPay Securities Corp acquired a new position in SpaceX in the 2nd quarter valued at $30,000. Marquette Asset Management LLC acquired a new position in SpaceX in the 2nd quarter valued at $32,000. Finally, Hickory Point Bank & Trust purchased a new position in SpaceX during the 3rd quarter worth $30,000.

Insider Activity at SpaceX

In related news, COO Gwynne Shotwell sold 342,170 shares of the firm’s stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $153.57, for a total value of $52,547,046.90. Following the completion of the sale, the chief operating officer 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 document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX Stock Performance

SpaceX stock opened at $144.75 on Friday. SpaceX has a one year low of $104.83 and a one year high of $225.64. The company has a current ratio of 5.12, a quick ratio of 4.99 and a debt-to-equity ratio of 0.29. The firm has a fifty day simple moving average of $149.25. The firm has a market capitalization of $1.91 trillion and a P/E ratio of -1,608.33.

SpaceX (NASDAQ:SPCX – Get Free Report) last issued its earnings results on Tuesday, October 20th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.10 by $0.25. The company had revenue of $14.57 billion for the quarter. During the same quarter in the prior year, the firm earned ($0.36) EPS. The business’s quarterly revenue was up 161.4% on a year-over-year basis. Sell-side analysts predict that SpaceX will post 0.07 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SPCX. UBS Group restated an “overweight” rating and issued a $300.00 target price on shares of SpaceX in a research note on Wednesday. Stifel Nicolaus started coverage on shares of SpaceX in a report on Tuesday, July 7th. They issued a “buy” rating and a $190.00 target price on the stock. Susquehanna boosted their price target on shares of SpaceX from $173.00 to $176.00 and gave the stock a “neutral” rating in a research note on Wednesday. Guggenheim started coverage on shares of SpaceX in a research note on Friday, August 7th. They set a “buy” rating on the stock. Finally, CLSA assumed coverage on shares of SpaceX in a report on Monday, September 28th. They set an “outperform” rating and a $250.00 price target for the company. Three analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, nine have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $244.19.

View Our Latest Research Report on SpaceX

Key Headlines Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: Exceptional third-quarter performance: Revenue rose 161% year over year to $14.58 billion, while EPS of $0.35 exceeded the $0.10 consensus estimate. SpaceX also swung to a reported $4.4 billion profit, led by its rapidly growing Super Intelligence division. SpaceX Just Became an AI Company
Positive Sentiment: Upbeat outlook and analyst support: Management expects first-quarter 2027 revenue of $33 billion to $37 billion. Bank of America raised its price target to $275, and other firms also lifted targets after the earnings beat. SpaceX wins higher price target
Positive Sentiment: AI and wireless expansion: SpaceX’s AI revenue reportedly grew 830% year over year, while the company is seeking access to at least 80,000 U.S. cell sites to support a Starlink wireless network. A potential $11 billion annual compute arrangement with Google further highlights demand for its infrastructure. SpaceX seeks access to U.S. cell sites
Neutral Sentiment: Tesla merger remains speculative: Independent committees at SpaceX and Tesla are exploring a combination that could create strategic AI, robotics, energy, and transportation synergies. However, valuation, regulatory approval, Tesla’s China operations, and Musk’s conflict-of-interest recusal remain significant obstacles. SpaceX-Tesla merger approval
Negative Sentiment: Heavy capital requirements: Investors are increasingly focused on the enormous spending required for AI data centers and chips. Funding concerns, rising financing costs, and projected cash burn could offset the segment’s rapid revenue growth.
Negative Sentiment: Valuation and supply pressure: Critics argue SPCX remains expensive even after incorporating the new forecast, while a large block of insider shares becoming eligible for sale could add selling pressure. Reports that Musk slowed Starlink service in Ukraine also create reputational and geopolitical risk.

SpaceX Profile

(Free Report)

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

SpaceX’s principal products and services include the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starlink satellite communications network. Falcon rockets are used to launch satellites, cargo and crew, while Dragon spacecraft support transportation to and from low Earth orbit.