Three Bridge Wealth Advisors LLC Purchases New Stake in SpaceX $SPCX

Posted by George Bondi on Nov 12th, 2026

Three Bridge Wealth Advisors LLC acquired a new position in SpaceX (NASDAQ:SPCX – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 332,287 shares of the company’s stock, valued at approximately $50,129,000. SpaceX comprises 10.7% of Three Bridge Wealth Advisors LLC’s portfolio, making the stock its 2nd biggest position.

A number of other institutional investors also recently made changes to their positions in SPCX. SC US Ttgp LTD. bought a new position in shares of SpaceX during the 2nd quarter valued at $20,933,621,000. Darsana Capital Partners LP bought a new stake in SpaceX in the second quarter worth $17,335,783,000. K5 Global Advisor LLC bought a new stake in SpaceX in the second quarter worth $6,587,531,000. Mirae Asset Global Investments Co. Ltd. bought a new stake in SpaceX in the third quarter worth $4,224,143,000. Finally, Thrive Capital Management LLC purchased a new stake in SpaceX during the second quarter valued at about $3,231,681,000.

SpaceX Stock Down 2.3%

Shares of NASDAQ SPCX opened at $139.75 on Thursday. The business has a fifty day moving average price of $149.13. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64. The company has a current ratio of 3.08, a quick ratio of 3.00 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $1.90 trillion and a P/E ratio of 537.50.

SpaceX (NASDAQ:SPCX – Get Free Report) last announced its quarterly earnings results on Tuesday, October 20th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.25. The business had revenue of $14.57 billion during the quarter. SpaceX had a negative net margin of 8.61% and a negative return on equity of 3.24%. The company’s quarterly revenue was up 161.4% on a year-over-year basis. During the same period in the previous year, the company earned ($0.36) EPS. Equities research analysts anticipate that SpaceX will post 0.22 earnings per share for the current year.

Analysts Set New Price Targets

SPCX has been the topic of a number of recent research reports. Pivotal Research raised their price objective on SpaceX from $230.00 to $260.00 and gave the company a “buy” rating in a research note on Wednesday, October 21st. Moffett Nathanson boosted 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. UBS Group restated an “overweight” rating and set a $300.00 target price on shares of SpaceX in a report on Wednesday, October 21st. Cantor Fitzgerald increased their target price on SpaceX from $246.00 to $345.00 and gave the company an “overweight” rating in a report on Tuesday, October 20th. Finally, Susquehanna raised their price target on SpaceX from $173.00 to $176.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 21st. Four analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $243.60.

Get Our Latest Stock Analysis on SPCX

Insider Activity

In other news, COO Gwynne Shotwell sold 342,170 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief operating officer directly owned 2,472,035 shares of the company’s stock, valued at approximately $379,630,414.95. This represents a 12.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Key Stories Impacting SpaceX

Here are a few of the latest stories about SPCX:

Positive Sentiment: The FCC accepted SpaceX’s application to acquire 546 spectrum licenses, a step toward its planned nationwide 5G push with Starlink. The deal could expand the company’s addressable market, though it still requires regulatory approval. Article: SpaceX Scores Key FCC Breakthrough in $8 Billion Spectrum Deal
Positive Sentiment: Recent coverage also highlighted strong operating momentum: SpaceX reported record quarterly revenue of about $14.6 billion, up 161% year over year, and a $4.4 billion profit. Its expanding AI and Starlink businesses offer longer-term growth potential. Article: Is SpaceX Stock a Bargain at Today’s Prices?
Negative Sentiment: Near-term caution centers on Friday’s Starship Flight 15: SpaceX plans to catch both rocket stages with its launch tower, a first for the company and an unproven maneuver. A failed recovery could delay progress on reusability; the launch uncertainty has been cited as a source of investor jitters. Article: SpaceX shares slip amid upcoming Starship test flight jitters

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.