Value Aligned Research Advisors LLC Takes Position in SpaceX $SPCX

Value Aligned Research Advisors LLC purchased a new position in shares of SpaceX (NASDAQ:SPCX) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 589,723 shares of the company’s stock, valued at approximately $100,760,000.

Other hedge funds have also recently bought and sold shares of the company. Syntax Research Inc. acquired a new position in SpaceX during the 2nd quarter valued at about $26,000. Atwood & Palmer Inc. acquired a new stake in shares of SpaceX in the second quarter valued at approximately $29,000. Marquette Asset Management LLC bought a new stake in shares of SpaceX during the second quarter valued at approximately $32,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of SpaceX during the second quarter valued at approximately $62,000. Finally, Burkett Financial Services LLC acquired a new position in shares of SpaceX during the second quarter worth approximately $70,000.

SpaceX Stock Down 1.2%

Shares of SPCX stock opened at $147.95 on Friday. The company’s 50-day moving average price is $136.15. The company has a market capitalization of $1.93 trillion and a PE ratio of -1,643.89. SpaceX has a fifty-two week low of $104.83 and a fifty-two week high of $225.64. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.12 and a quick ratio of 4.99.

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on SPCX. Daiwa Securities Group initiated coverage on SpaceX in a research report on Thursday, July 2nd. They issued a “neutral” rating and a $175.00 target price on the stock. Royal Bank Of Canada lowered SpaceX from an “outperform” rating to a “hold” rating in a research report on Friday, August 7th. Citigroup cut SpaceX from a “buy” rating to a “sell” rating in a research note on Friday, August 7th. Benchmark assumed coverage on shares of SpaceX in a research note on Monday, June 22nd. They set a “buy” rating on the stock. Finally, KGI Securities lowered shares of SpaceX from an “outperform” rating to a “hold” rating in a research report on Monday, June 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eight have issued a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, SpaceX has a consensus rating of “Moderate Buy” and an average price target of $221.20.

Key Stories Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Investor optimism remains high ahead of a planned Labor Day weekend Falcon 9 launch from Vandenberg. A successful mission would reinforce SpaceX’s launch reliability and market leadership. SpaceX Labor Day weekend rocket launch
• Positive Sentiment: Recent earnings continue to provide a fundamental underpinning: revenue rose roughly 92% year over year to $7.8 billion, while Starlink subscriber growth, connectivity demand and expanding AI-compute revenue fueled bullish views. Some analysts believe SpaceX’s AI infrastructure could become a major long-term growth engine. SpaceX market capitalization and growth outlook
• Positive Sentiment: A reported $10 million bullish options position betting on a recovery toward $175, along with bullish analyst targets, signals continued institutional and speculative interest in SPCX. SpaceX bullish options bet
• Neutral Sentiment: Starship Test 14 is approaching, reportedly with a potential launch window in mid-September. The event could be a meaningful catalyst, but investors are also focused on the risk of delays or another unsuccessful test. SpaceX Starship Test 14
• Negative Sentiment: The Sept. 9 share unlock is the most immediate overhang. Newly eligible insider and early-investor shares could increase supply and create selling pressure after the recent rally. SpaceX share unlock
• Negative Sentiment: Valuation and capital intensity remain significant risks. SpaceX reportedly spent $18.4 billion in one quarter, including $15.8 billion on AI, while remaining GAAP-loss-making. Critics argue that much of the company’s future success is already reflected in its multitrillion-dollar valuation. SpaceX valuation and capital spending analysis

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.