SpaceX $SPCX Shares Newly Purchased by Deltec Asset Management LLC

Posted by Brenda Bartman on Oct 27th, 2026

Deltec Asset Management LLC bought a new stake in shares of SpaceX (NASDAQ:SPCX – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 62,487 shares of the company’s stock, valued at approximately $9,427,000. SpaceX comprises 1.5% of Deltec Asset Management LLC’s investment portfolio, making the stock its 17th biggest position.

A number of other institutional investors have also recently made changes to their positions in SPCX. Syntax Research Inc. purchased a new stake in shares of SpaceX during the 2nd quarter valued at $26,000. Atwood & Palmer Inc. purchased a new position in SpaceX in the 2nd quarter worth approximately $29,000. PayPay Securities Corp bought a new stake in SpaceX in the 2nd quarter worth $30,000. Marquette Asset Management LLC purchased a new position in SpaceX during the 2nd quarter valued at about $32,000. Finally, Hickory Point Bank & Trust bought a new position in shares of SpaceX during the third quarter valued at approximately $30,000.

SpaceX Stock Performance

Shares of NASDAQ:SPCX opened at $146.90 on Tuesday. SpaceX has a 52-week low of $104.83 and a 52-week high of $225.64. The stock has a market capitalization of $1.94 trillion and a PE ratio of -1,632.22. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.08 and a quick ratio of 3.00. The stock has a 50-day moving average price of $149.24.

SpaceX (NASDAQ:SPCX – Get Free Report) last released its quarterly earnings results on Tuesday, October 20th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.25. SpaceX had a negative net margin of 8.61% and a negative return on equity of 3.24%. The business had revenue of $14.57 billion for the quarter. During the same quarter in the previous year, the business posted ($0.36) earnings per share. The firm’s revenue was up 161.4% on a year-over-year basis. As a group, equities analysts forecast that SpaceX will post 0.13 earnings per share for the current fiscal year.

Key Stories Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: Strong Q3 results support the stock. SpaceX reported $14.58 billion in quarterly revenue, up 161% year over year, and $4.4 billion in net income. Adjusted earnings reportedly quadrupled, while its AI business generated $7.6 billion in revenue—more than Starlink. SpaceX’s Adjusted Earnings Quadrupled in Q3
Positive Sentiment: A $40 billion GPU financing commitment could accelerate AI growth. Apollo, Goldman Sachs and other investors will finance Nvidia Vera Rubin chips and related data-center equipment, with leasing expected to begin in the first half of 2027. The capacity is intended to support Grok and cloud customers, strengthening SpaceX’s position in AI infrastructure. SpaceX locks in $40B GPU financing deal with Apollo
Positive Sentiment: Connectivity expansion is adding potential catalysts. easyJet plans to install Starlink inflight internet, and analysts including Bernstein, Citigroup and JPMorgan have expressed optimism about SpaceX’s AI and connectivity outlook. SpaceX Stock Rises on easyJet Starlink Plans
Neutral Sentiment: Potential strategic transactions remain speculative. Special committees at Tesla and SpaceX are evaluating a possible combination, while the November midterm elections could affect future government funding and policy relevant to SpaceX. No deal or funding outcome is guaranteed.
Negative Sentiment: Debt and capital-spending risks are weighing on sentiment. The GPU financing carries roughly $40 billion in principal payments, and SpaceX is committing most of its capital spending to AI. Critics question whether future computing demand and returns will justify the investment, particularly as financing conditions tighten. Jim Chanos on SpaceX’s Chip Debt
Negative Sentiment: Valuation and supply concerns limit upside. SpaceX trades at roughly 61–63 times trailing sales, leaving little room for execution missteps. Upcoming insider share-sale windows could add supply, while Verizon argues Starlink may need years and significant infrastructure spending to become a major wireless competitor.

Insiders Place Their Bets

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

Wall Street Analyst Weigh In

Several analysts have commented on SPCX shares. Needham & Company LLC restated a “buy” rating and issued a $250.00 price objective on shares of SpaceX in a report on Wednesday, October 21st. CLSA assumed coverage on shares of SpaceX in a research report on Monday, September 28th. They issued an “outperform” rating and a $250.00 target price on the stock. Weiss Ratings initiated coverage on shares of SpaceX in a research note on Tuesday, September 1st. They issued a “sell (d)” rating for the company. Argus raised shares of SpaceX from a “hold” rating to a “buy” rating and set a $160.00 price target for the company in a research report on Friday, August 7th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of SpaceX in a report on Wednesday, October 14th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $244.97.

Get Our Latest Report on SpaceX

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.