Tema ETFs LLC Purchases New Holdings in SpaceX $SPCX

Tema ETFs LLC acquired a new position in shares of SpaceX (NASDAQ:SPCX) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 187,502 shares of the company’s stock, valued at approximately $32,037,000. SpaceX accounts for approximately 1.0% of Tema ETFs LLC’s portfolio, making the stock its 25th largest position.

A number of other institutional investors have also recently modified their holdings of SPCX. Atwood & Palmer Inc. acquired a new stake in shares of SpaceX during the 2nd quarter worth $29,000. Marquette Asset Management LLC acquired a new position in SpaceX in the second quarter valued at about $32,000. Burkett Financial Services LLC bought a new stake in SpaceX during the second quarter worth about $70,000. Contravisory Investment Management Inc. acquired a new stake in SpaceX during the second quarter worth about $73,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SpaceX during the second quarter worth about $89,000.

SpaceX Price Performance

Shares of SPCX stock opened at $133.29 on Wednesday. SpaceX has a 1-year low of $104.83 and a 1-year high of $225.64. The company has a quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29. The company has a 50-day moving average of $143.01.

SpaceX (NASDAQ:SPCX) last announced its earnings results on Tuesday, August 4th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.17. The company had revenue of $7.81 billion during the quarter. The company’s revenue was up 91.9% compared to the same quarter last year. Research analysts expect that SpaceX will post -0.15 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on SPCX. Oppenheimer boosted their target price on shares of SpaceX from $190.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, June 18th. HSBC began coverage on shares of SpaceX in a research note on Thursday, July 23rd. They issued a “hold” rating and a $115.00 price objective on the stock. Arete Research set a $450.00 price objective on shares of SpaceX in a research report on Tuesday. Cantor Fitzgerald restated an “overweight” rating and set a $246.00 target price on shares of SpaceX in a research note on Wednesday, August 5th. Finally, Sanford C. Bernstein set a $248.00 target price on SpaceX in a report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, SpaceX currently has a consensus rating of “Moderate Buy” and a consensus price target of $229.00.

More SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Morgan Stanley maintained a $300 price target and outlined a $600 bull case if investors gain confidence in SpaceX’s AI strategy, including the planned Cursor acquisition and Grok-related opportunities. The valuation depends on substantial future AI revenue, making the target highly assumption-driven. Morgan Stanley $600 SpaceX price target
• Positive Sentiment: SpaceX reportedly secured approximately $8.1 billion in U.S. Space Force awards, including satellite-building, military data-network, and Falcon 9 launch contracts. The awards strengthen revenue visibility and expand the company’s defense footprint. SpaceX Space Force awards
• Positive Sentiment: A new 2027 launch agreement with Vietnam’s VinSpace adds an international customer and supports continued demand for SpaceX’s launch services. Vietnam launch contract
• Neutral Sentiment: Reported short interest was zero shares, suggesting the latest pullback was not driven by a large disclosed short position. The figure may reflect incomplete or unreliable data rather than an absence of bearish positioning.
• Negative Sentiment: Shares pulled back after rallying above the $135 IPO price, with coverage citing profit-taking, a broader risk-off market, and investor focus on a Falcon 9 launch. A launch scrub and the operational risks surrounding Starship add near-term volatility. Why SpaceX stock is pulling back
• Negative Sentiment: Investors remain concerned that SpaceX’s ambitious AI and infrastructure initiatives require heavy capital spending. Recent earnings showed revenue growth of 91.9% to $7.81 billion, but the company still reported a quarterly loss, while valuation screens suggest the stock already prices in significant future success. Retail investors also became net sellers for the first time since the IPO. SpaceX valuation and Morgan Stanley bull case

SpaceX Profile

SpaceX, or Space Exploration Technologies Corp., is an American aerospace company focused on the design, manufacture and launch of advanced rockets and spacecraft. The company develops launch vehicles and space systems used for commercial, government and scientific missions, with a strong emphasis on lowering the cost of access to space through reusable rocket technology.

Founded in 2002 by Elon Musk, SpaceX has built a broad portfolio of products and services that includes the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starship development program.