SpaceX $SPCX Stock Holdings Increased by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. lifted its holdings in SpaceX (NASDAQ:SPCX) by 67.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,416 shares of the company’s stock after purchasing an additional 4,199 shares during the quarter. Quintet Private Bank Europe S.A.’s holdings in SpaceX were worth $1,571,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Toth Financial Advisory Corp grew its stake in shares of SpaceX by 181.6% in the 3rd quarter. Toth Financial Advisory Corp now owns 2,847 shares of the company’s stock worth $429,000 after buying an additional 1,836 shares in the last quarter. Kessler Investment Group LLC purchased a new position in SpaceX in the third quarter worth about $6,210,000. Puff Wealth Management LLC bought a new stake in SpaceX during the third quarter worth approximately $1,613,000. Venture Visionary Partners LLC raised its position in SpaceX by 777.0% during the third quarter. Venture Visionary Partners LLC now owns 42,816 shares of the company’s stock valued at $6,459,000 after purchasing an additional 37,934 shares during the period. Finally, Dominguez Wealth Management Solutions Inc. lifted its stake in shares of SpaceX by 8.2% in the 3rd quarter. Dominguez Wealth Management Solutions Inc. now owns 2,390 shares of the company’s stock valued at $361,000 after purchasing an additional 182 shares during the last quarter.

Key Headlines Impacting SpaceX

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 decision could accelerate Starlink’s mobile connectivity expansion. SpaceX gets FCC approval for 15,000 Starlink satellites
• Positive Sentiment: Morgan Stanley reaffirmed a Buy rating and a $300 price target, arguing that Starlink and contracted AI-compute capacity could support SpaceX’s growth and help service the planned AI investment. Morgan Stanley maintains SpaceX Buy rating
• Neutral Sentiment: Erste Group initiated coverage with a Hold rating. The firm sees meaningful potential in SpaceX’s AI operations and core rocket business, but the company’s rapid expansion and valuation leave limited room for execution setbacks. Erste Group initiates SpaceX coverage
• Neutral Sentiment: President Donald Trump’s financial disclosure showed a purchase of as much as $5 million in SpaceX debt. While the investment may attract attention, it does not directly change the company’s operating outlook. Trump disclosure includes SpaceX debt purchase
• Negative Sentiment: SpaceX is reportedly seeking approximately $40 billion—about $10 billion in loans and $30 billion in bonds—to purchase Nvidia AI chips and expand computing capacity. Investors are concerned that the debt could increase leverage and credit risk, particularly because the company already has substantial cash reserves. Apollo and banks discuss SpaceX Nvidia financing
• Negative Sentiment: Up to 328.4 million shares may become eligible for trading in the October 9 lock-up expiration, creating a potential increase in supply and additional selling pressure after the stock’s recent rally. SpaceX share unlock outlook
• Negative Sentiment: Starlink’s launch in India remains stalled. Elon Musk accused powerful local telecom interests of blocking the service, while India rejected the discrimination claim, escalating regulatory and political uncertainty around a potentially important market. Starlink India launch dispute

Insider Activity

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Piper Sandler cut their target price on SpaceX from $156.00 to $140.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Clear Str upgraded shares of SpaceX to a “strong-buy” rating in a report on Tuesday, July 7th. Oppenheimer lifted their price target on shares of SpaceX from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. Argus raised shares of SpaceX from a “hold” rating to a “buy” rating and set a $160.00 price objective on the stock in a research report on Friday, August 7th. Finally, Mizuho began coverage on SpaceX in a research report on Tuesday, July 7th. They set an “outperform” rating and a $200.00 target price for the company. Three investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat.com, SpaceX presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.76.

SpaceX Price Performance

SPCX stock traded down $5.75 during mid-day trading on Thursday, reaching $161.85. The company had a trading volume of 37,757,398 shares, compared to its average volume of 102,078,094. The stock has a market cap of $2.13 trillion and a P/E ratio of -1,799.48. The business has a 50 day moving average of $142.98. SpaceX has a 12 month low of $104.83 and a 12 month 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 announced its quarterly 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 firm had revenue of $7.81 billion during the quarter. The firm’s revenue for the quarter was up 91.9% on a year-over-year basis. Analysts anticipate that SpaceX will post 0.09 EPS for the current year.

SpaceX Company 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.