Juncture Wealth Strategies LLC Purchases 13,629 Shares of SpaceX $SPCX

Juncture Wealth Strategies LLC raised its position in SpaceX (NASDAQ:SPCX) by 510.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 16,300 shares of the company’s stock after purchasing an additional 13,629 shares during the period. Juncture Wealth Strategies LLC’s holdings in SpaceX were worth $2,459,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Syntax Research Inc. acquired a new stake in SpaceX during the 2nd quarter valued at approximately $26,000. Atwood & Palmer Inc. acquired a new position in shares of SpaceX in the 2nd quarter valued at approximately $29,000. PayPay Securities Corp purchased a new position in shares of SpaceX during the 2nd quarter valued at approximately $30,000. Marquette Asset Management LLC acquired a new stake in shares of SpaceX during the second quarter worth approximately $32,000. Finally, Hickory Point Bank & Trust bought a new stake in shares of SpaceX in the third quarter worth $30,000.

Insider Activity

In other news, COO Gwynne Shotwell sold 342,170 shares of the business’s 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 sale, the chief operating officer owned 2,472,035 shares of the company’s stock, valued at approximately $379,630,414.95. The trade was a 12.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Key Stories Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Morgan Stanley’s bullish call is the main catalyst. Analyst Adam Jonas reiterated a Buy-equivalent rating and a $300 price target, arguing that SpaceX is “cheap and getting cheaper” relative to its expected growth. The firm highlighted upside from Starlink, AI computing and power infrastructure. SpaceX Stock Surges as Morgan Stanley Says Stock Cheap and Getting Cheaper
• Positive Sentiment: Starlink growth is strengthening the investment case. Reports say Starlink has surpassed 12 million subscribers, supporting expectations for recurring revenue and helping investors view SpaceX as more than a launch company. Morgan Stanley, TD Cowen Back SpaceX as Starlink Passes 12 Million Subscribers
• Positive Sentiment: AI ambitions are expanding SpaceX’s potential addressable market. Investors are assigning value to orbital data centers, GPU computing and possible partnerships with Microsoft and TSMC. The company’s shift toward AI infrastructure has prompted comparisons with major technology and cloud businesses. Microsoft Could Be SpaceX’s Next Big AI Customer
• Positive Sentiment: Recent mission performance has reinforced operational credibility. Crew-13 reportedly reached the International Space Station in a NASA-record time, while Starship Flight 14 reached orbit and deployed payloads. A busy launch schedule and a proposed Florida gas pipeline signal preparations for higher launch activity. SpaceX Crew-13 Shatters NASA Speed Record
• Neutral Sentiment: Investor attention is also being supported by broader technology-sector strength and positive comparisons between SpaceX and Tesla, although these factors may amplify momentum more than they change fundamentals. SpaceX, Tesla Trade Like One Elon Musk Stock
• Negative Sentiment: Valuation remains the clearest risk. Critics argue that much of the Starlink and AI opportunity is already reflected in the stock, leaving limited room for execution errors or slower growth. SpaceX: At $159, The Bull Case Is Already Priced In
• Negative Sentiment: A potential 328.4-million-share lock-up expiration on October 9 could increase selling pressure. Investors may become more cautious if early holders use the event to realize gains. SpaceX Stock Gains Ahead of Share Unlock
• Negative Sentiment: Execution and governance concerns remain. A scrubbed defense launch was rescheduled, while Elon Musk’s political and government involvement could add headline and regulatory risk to an already highly speculative stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on SPCX shares. Wedbush initiated coverage on shares of SpaceX in a research note on Tuesday, June 30th. They set an “outperform” rating and a $190.00 price objective on the stock. CLSA began coverage on SpaceX in a research note on Monday, September 28th. They issued an “outperform” rating and a $250.00 target price for the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $246.00 price target on shares of SpaceX in a research report on Wednesday, August 5th. Barclays upgraded SpaceX from an “underweight” rating to an “overweight” rating in a research note on Monday, June 22nd. Finally, Clear Str upgraded shares of SpaceX to a “strong-buy” rating in a research report on Tuesday, July 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, seven have given a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat, SpaceX has an average rating of “Moderate Buy” and a consensus price target of $218.68.

SpaceX Stock Performance

Shares of NASDAQ:SPCX traded up $0.83 on Tuesday, hitting $171.92. The company’s stock had a trading volume of 104,893,650 shares, compared to its average volume of 103,244,883. SpaceX has a 12 month low of $104.83 and a 12 month high of $225.64. The company’s 50-day moving average price is $140.77. 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 firm has a market capitalization of $2.27 trillion and a P/E ratio of -1,910.22.

SpaceX (NASDAQ:SPCX) last announced its earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.17. The company had revenue of $7.81 billion during the quarter. SpaceX’s revenue for the quarter was up 91.9% on a year-over-year basis. Equities analysts expect that SpaceX will post 0.02 earnings per share for the current fiscal year.

SpaceX Profile

Space Exploration Technologies Corp. (SpaceX) is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles, spacecraft and satellite systems designed to reduce the cost of access to space and support commercial, government and scientific missions.

SpaceX’s primary products and services include the Falcon 9 and Falcon Heavy launch vehicles, the Dragon spacecraft and the Starlink satellite internet network. The company also is developing Starship, a fully reusable launch and spacecraft system intended for missions to Earth orbit, the Moon and Mars.