48,855 SpaceX $SPCX Shares Acquired by Cyndeo Wealth Partners LLC

Posted by Geri Gentry on Oct 17th, 2026

Cyndeo Wealth Partners LLC grew its position in SpaceX (NASDAQ:SPCX – Free Report) by 548.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 57,759 shares of the company’s stock after purchasing an additional 48,855 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in SpaceX were worth $8,713,000 as of its most recent SEC filing.

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

Key Stories Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: Prediction-market odds of a Tesla-SpaceX combination before March 2027 rose above 50%, reaching roughly 55%-56% after Tesla unveiled a Roadster using SpaceX thruster technology. Analysts including Dan Ives argue the demonstration supports the idea of a shared engineering and artificial-intelligence platform. Prediction market odds on Tesla-SpaceX merger are above 50% for early 2027
Positive Sentiment: Evercore raised its SpaceX target, citing progress toward major commercial “proof points” and more than $100 billion in potential revenue. Investors are also focused on third-quarter results due October 20, including Starlink growth, launch cadence and investment needs. SpaceX Q3 Earnings Countdown
Positive Sentiment: SpaceX continues expanding Starlink’s commercial opportunity, including airline deployments at United Airlines and a planned mobile-network push beginning in rural America. Its reported spectrum strategy could broaden the addressable market beyond satellite broadband. SpaceX Expands Footprint With United Airlines
Neutral Sentiment: SpaceX and Nvidia are reportedly collaborating on AI data centers in space, with initial satellite launches targeted for 2027. The project could create a new growth avenue, but it remains an early-stage initiative. SpaceX and Nvidia Team Up on AI Data Centers in Space
Negative Sentiment: Reports that Ukraine’s military Starlink/Starshield access was restricted disrupted drone operations and renewed concerns about SpaceX’s geopolitical exposure and customer reliability. Service reportedly resumed, while President Trump denied ordering the restrictions, leaving responsibility unclear. Trump says White House didn’t order Starlink restrictions in Ukraine
Negative Sentiment: Analysts caution that SpaceX’s spectrum deal still leaves it far smaller than established telecom giants, while upcoming insider share unlocks may add selling pressure. The company also faces scrutiny from a New York City Council AI-safety investigation.

Insider Buying and Selling

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the company’s stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $153.57, for a total value of $52,547,046.90. Following the transaction, the chief operating officer directly owned 2,472,035 shares in the company, valued at $379,630,414.95. This 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 this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX Price Performance

Shares of SPCX stock opened at $146.03 on Friday. SpaceX has a 1 year low of $104.83 and a 1 year high of $225.64. The firm’s fifty day simple moving average is $148.44. 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 company has a market cap of $1.92 trillion and a PE ratio of -1,622.56.

SpaceX (NASDAQ:SPCX – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share (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 quarterly revenue was up 91.9% compared to the same quarter last year. Equities research analysts anticipate that SpaceX will post 0.07 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on SPCX shares. Barclays began coverage on shares of SpaceX in a report on Friday, October 9th. They issued an “overweight” rating and a $254.00 target price on the stock. Wedbush started coverage on SpaceX in a research report on Tuesday, June 30th. They issued an “outperform” rating and a $190.00 price objective for the company. Needham & Company LLC reissued a “buy” rating on shares of SpaceX in a research note on Wednesday, September 30th. Mizuho started coverage on SpaceX in a research report on Tuesday, July 7th. They set an “outperform” rating and a $200.00 target price on the stock. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of SpaceX in a report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, nine have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $221.34.

View Our Latest Research Report on SpaceX

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.