SpaceX $SPCX Shares Purchased by Grantvest Financial Group LLC

Posted by Francis Steltz on Oct 22nd, 2026

Grantvest Financial Group LLC raised its stake in shares of SpaceX (NASDAQ:SPCX – Free Report) by 374.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,221 shares of the company’s stock after buying an additional 6,488 shares during the quarter. SpaceX comprises about 0.7% of Grantvest Financial Group LLC’s investment portfolio, making the stock its 27th biggest position. Grantvest Financial Group LLC’s holdings in SpaceX were worth $1,240,000 as of its most recent filing with the SEC.

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

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: Strong Q3 results: SpaceX reported $14.58 billion in revenue, up 161% year over year, and earnings of $0.35 per share versus the $0.10 consensus estimate. Net income reached approximately $4.4 billion, compared with a loss a year earlier. SpaceX quarterly revenue jumps, beats estimates as AI business surges
Positive Sentiment: AI business is scaling rapidly: The Super Intelligence segment generated roughly $7.56 billion in revenue, up more than eightfold, and became SpaceX’s largest revenue contributor. Management said new computing deployments are currently producing payback in less than a year, helping validate the company’s AI infrastructure strategy. Why SpaceX Stock Popped After Earnings
Positive Sentiment: Upbeat outlook and analyst support: SpaceX guided to $33 billion-$37 billion in first-quarter 2027 revenue, while its backlog reached about $63 billion. JPMorgan raised its price target to $500, and other firms including Wells Fargo, TD Cowen and Needham also increased targets or reiterated bullish ratings. Top Analysts Boost Price Targets After Q3 Beat
Positive Sentiment: Merger speculation added momentum: Elon Musk called a Tesla-SpaceX merger a good idea, and both companies formed independent committees to examine a transaction. A combination could create synergies across AI, vehicles, robotics, connectivity and data. However, no deal is certain and shareholder approval would be required. SpaceX and Tesla boards form special committees to review merger
Neutral Sentiment: Starlink remains an important financial base: Connectivity revenue rose 69% to approximately $5.25 billion, with 13.6 million consumer subscribers and strong enterprise and government growth. Investors are watching whether subscriber expansion and direct-to-device plans can support the AI buildout.
Negative Sentiment: Capital intensity remains the key risk: SpaceX spent about $19.6 billion on capital expenditures in the quarter and expects $35 billion-$40 billion in fourth-quarter spending. Analysts have warned that continued AI expansion could require substantial borrowing and create execution, power-availability and cash-flow risks. SpaceX Bulls Get Louder After Q3 Earnings Print
Negative Sentiment: Potential supply and governance overhangs: Upcoming insider share unlocks could increase selling pressure, while concerns about Starlink’s geopolitical exposure and the uncertain terms of any Tesla merger remain risks to valuation.

Analyst Upgrades and Downgrades

SPCX has been the subject of a number of analyst reports. Susquehanna boosted their price objective on shares of SpaceX from $173.00 to $176.00 and gave the company a “neutral” rating in a research report on Wednesday. Sanford C. Bernstein restated an “outperform” rating on shares of SpaceX in a research report on Wednesday. TD Cowen lifted their target price on shares of SpaceX from $200.00 to $224.00 and gave the stock a “buy” rating in a research note on Wednesday. Erste Group Bank started coverage on SpaceX in a report on Thursday, October 8th. They issued a “hold” rating for the company. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $245.00 price target on shares of SpaceX in a research note on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, SpaceX presently has an average rating of “Moderate Buy” and a consensus price target of $243.08.

View Our Latest Stock Analysis on SPCX

Insiders Place Their Bets

In related news, COO Gwynne Shotwell sold 342,170 shares of SpaceX stock in a transaction on 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 owned 2,472,035 shares in the company, valued at approximately $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 can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX Stock Performance

SpaceX stock opened at $159.31 on Thursday. SpaceX has a 1 year low of $104.83 and a 1 year high of $225.64. The firm has a 50 day moving average of $149.18. The stock has a market capitalization of $2.10 trillion and a P/E ratio of -1,770.11. The company has a current ratio of 5.12, a quick ratio of 4.99 and a debt-to-equity ratio of 0.29.

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

SpaceX Company 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.