6,578 Shares in SpaceX $SPCX Purchased by Vista Investment Partners LLC

Vista Investment Partners LLC acquired a new stake in SpaceX (NASDAQ:SPCX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,578 shares of the company’s stock, valued at approximately $992,000.

Other institutional investors have also recently bought and sold shares of the company. SC US Ttgp LTD. acquired a new stake in shares of SpaceX in the 2nd quarter worth about $20,933,621,000. Darsana Capital Partners LP bought a new stake in SpaceX during the 2nd quarter worth approximately $17,335,783,000. K5 Global Advisor LLC purchased a new stake in shares of SpaceX in the second quarter worth approximately $6,587,531,000. State Street Corp bought a new position in shares of SpaceX in the second quarter valued at approximately $1,858,329,000. Finally, Dragoneer Investment Group LLC purchased a new position in shares of SpaceX during the second quarter valued at approximately $1,366,880,000.

More SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: The FCC approved SpaceX’s plan to deploy 15,000 additional Starlink satellites for direct-to-device services and waived a requirement to lease capacity from ground-based carriers. The approval expands Starlink’s potential mobile-connectivity market and could strengthen SpaceX’s competitive position. SpaceX gets FCC approval for 15,000 Starlink satellites
• Positive Sentiment: Analyst support remains a bullish counterweight. Morgan Stanley reiterated a Buy rating with a $300 price target, while Goldman Sachs raised its outlook and Susquehanna lifted its target to $173, citing growth across launch, Starlink and AI. Morgan Stanley maintains SpaceX Buy rating
• Positive Sentiment: Financial Times commentator John Foley said SpaceX’s AI-compute operation appears to have real customer demand. Renting data-center capacity could ultimately provide substantial recurring revenue if the company can execute its expansion. SpaceX AI data-center revenue analysis
• Positive Sentiment: New FAA and Department of Transportation initiatives to streamline launch approvals could support higher launch frequency, benefiting SpaceX as the industry’s leading launch provider. FAA launch licensing proposals
• Neutral Sentiment: Erste Group initiated coverage with a Hold rating, reflecting the tension between SpaceX’s rapid AI and Starlink growth prospects and its demanding valuation and execution risks.
• Negative Sentiment: Up to 328.4 million shares are scheduled to become eligible for sale on October 9. The potential increase in tradable supply is encouraging investors to reduce exposure or wait for possible selling pressure. SpaceX October 9 share unlock
• Negative Sentiment: SpaceX is reportedly seeking approximately $40 billion—about $10 billion in loans and $30 billion in bonds—to purchase Nvidia AI chips. Investors are concerned that leverage could rise sharply despite the company reportedly holding roughly $100 billion in cash and marketable securities. Apollo and banks discuss financing SpaceX GPU purchase
• Negative Sentiment: The proposed AI buildout could require as much as $500 billion in total investment, increasing concerns about capital intensity, chip obsolescence, debt-service demands and execution risk.
• Negative Sentiment: Starlink’s India launch remains stalled amid a dispute involving local telecom operators and regulators, delaying access to a major potential growth market. Starlink India launch dispute

SpaceX Trading Down 3.5%

Shares of SPCX stock traded down $5.81 during trading on Thursday, reaching $161.79. 42,132,872 shares of the company’s stock traded hands, compared to its average volume of 102,157,078. The company has a market capitalization of $2.13 trillion and a P/E ratio of -1,797.63. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.12 and a quick ratio of 4.99. The stock has a 50-day moving average price of $142.98. SpaceX has a 1 year low of $104.83 and a 1 year high of $225.64.

SpaceX (NASDAQ:SPCX) last released its quarterly earnings data on Tuesday, August 4th. The company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.17. The business had revenue of $7.81 billion during the quarter. The firm’s revenue for the quarter was up 91.9% compared to the same quarter last year. As a group, sell-side analysts predict that SpaceX will post 0.09 earnings per share for the current fiscal year.

Insider Buying and Selling at SpaceX

In related 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 transaction of $52,547,046.90. Following the sale, the chief operating officer directly owned 2,472,035 shares in the company, valued at approximately $379,630,414.95. The trade was a 12.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

A number of equities research analysts recently commented on SPCX shares. Piper Sandler lowered their price target on SpaceX from $156.00 to $140.00 and set a “neutral” rating for the company in a research report on Wednesday, August 5th. Wedbush began coverage on shares of SpaceX in a report on Tuesday, June 30th. They issued an “outperform” rating and a $190.00 target price for the company. Roth Capital upgraded shares of SpaceX to a “buy” rating in a report on Monday, June 22nd. Argus upgraded shares of SpaceX from a “hold” rating to a “buy” rating and set a $160.00 price objective for the company in a research note on Friday, August 7th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of SpaceX in a research note on Monday, September 28th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have issued a Hold rating and six have given a Sell rating to the stock. According to data from MarketBeat, SpaceX presently has an average rating of “Moderate Buy” and a consensus target price of $218.76.

About SpaceX

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.