SpaceX $SPCX Position Increased by IFP Advisors Inc

IFP Advisors Inc boosted its stake in shares of SpaceX (NASDAQ:SPCX) by 61.0% during the third quarter, HoldingsChannel.com reports. The firm owned 84,890 shares of the company’s stock after acquiring an additional 32,154 shares during the period. IFP Advisors Inc’s holdings in SpaceX were worth $12,807,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Viking Fund Management LLC acquired a new position in SpaceX during the third quarter worth $1,358,000. Wedbush Securities Inc. bought a new position in SpaceX during the second quarter valued at about $5,094,000. Avior Wealth Management LLC acquired a new stake in shares of SpaceX in the third quarter worth about $2,934,000. Apella Capital LLC lifted its position in shares of SpaceX by 218.2% in the third quarter. Apella Capital LLC now owns 8,424 shares of the company’s stock worth $1,412,000 after buying an additional 5,777 shares during the last quarter. Finally, Hyperion Asset Management Ltd acquired a new stake in shares of SpaceX in the second quarter worth about $201,137,000.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on SPCX. Morgan Stanley reiterated an “overweight” rating on shares of SpaceX in a research note on Tuesday, September 29th. Bank of America assumed coverage on SpaceX in a research note on Tuesday, July 7th. They issued a “buy” rating and a $235.00 price objective on the stock. Phillip Securities raised SpaceX to a “strong sell” rating and set a $75.00 price objective on the stock in a research note on Friday, July 31st. Arete Research set a $450.00 target price on SpaceX in a report on Tuesday, August 11th. Finally, Roth Capital raised SpaceX to a “buy” rating in a research report on Monday, June 22nd. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, nine have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, SpaceX presently has a consensus rating of “Moderate Buy” and a consensus target price of $221.34.

Insider Buying and Selling at SpaceX

In other news, COO Gwynne Shotwell sold 342,170 shares of the stock in a transaction that occurred 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 completion of the sale, the chief operating officer directly owned 2,472,035 shares of the company’s stock, valued at approximately $379,630,414.95. This represents a 12.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Key Headlines Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Prediction-market odds of a Tesla-SpaceX combination before March 2027 rose above 50%, reaching roughly 55%-56% after Tesla unveiled a Roadster using SpaceX thruster technology. Analysts including Dan Ives argue the demonstration supports the idea of a shared engineering and artificial-intelligence platform. Prediction market odds on Tesla-SpaceX merger are above 50% for early 2027
• Positive Sentiment: Evercore raised its SpaceX target, citing progress toward major commercial “proof points” and more than $100 billion in potential revenue. Investors are also focused on third-quarter results due October 20, including Starlink growth, launch cadence and investment needs. SpaceX Q3 Earnings Countdown
• Positive Sentiment: SpaceX continues expanding Starlink’s commercial opportunity, including airline deployments at United Airlines and a planned mobile-network push beginning in rural America. Its reported spectrum strategy could broaden the addressable market beyond satellite broadband. SpaceX Expands Footprint With United Airlines
• Neutral Sentiment: SpaceX and Nvidia are reportedly collaborating on AI data centers in space, with initial satellite launches targeted for 2027. The project could create a new growth avenue, but it remains an early-stage initiative. SpaceX and Nvidia Team Up on AI Data Centers in Space
• Negative Sentiment: Reports that Ukraine’s military Starlink/Starshield access was restricted disrupted drone operations and renewed concerns about SpaceX’s geopolitical exposure and customer reliability. Service reportedly resumed, while President Trump denied ordering the restrictions, leaving responsibility unclear. Trump says White House didn’t order Starlink restrictions in Ukraine
• Negative Sentiment: Analysts caution that SpaceX’s spectrum deal still leaves it far smaller than established telecom giants, while upcoming insider share unlocks may add selling pressure. The company also faces scrutiny from a New York City Council AI-safety investigation.

SpaceX Price Performance

SPCX stock opened at $146.03 on Friday. 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 has a 52-week low of $104.83 and a 52-week high of $225.64. The company’s 50-day moving average price is $148.44. The company has a market capitalization of $1.92 trillion and a PE ratio of -1,622.56.

SpaceX (NASDAQ:SPCX) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.17. The business had revenue of $7.81 billion during the quarter. The business’s revenue for the quarter was up 91.9% compared to the same quarter last year. Equities analysts expect that SpaceX will post 0.07 EPS for the current fiscal year.

SpaceX Profile

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

SpaceX’s principal products and services include the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starlink satellite communications network. Falcon rockets are used to launch satellites, cargo and crew, while Dragon spacecraft support transportation to and from low Earth orbit.