4,864 SpaceX $SPCX Shares Acquired by Foster Victor Wealth Advisors LLC

Foster Victor Wealth Advisors LLC grew its holdings in shares of SpaceX (NASDAQ:SPCX) by 44.9% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 15,687 shares of the company’s stock after purchasing an additional 4,864 shares during the period. Foster Victor Wealth Advisors LLC’s holdings in SpaceX were worth $2,321,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SPCX. James T. Borello RIA grew its stake in shares of SpaceX by 41.4% in the third quarter. James T. Borello RIA now owns 246 shares of the company’s stock worth $37,000 after acquiring an additional 72 shares during the last quarter. Downshift Financial LLC boosted its stake in SpaceX by 25.7% in the 3rd quarter. Downshift Financial LLC now owns 553 shares of the company’s stock worth $83,000 after purchasing an additional 113 shares in the last quarter. Trifecta Capital Advisors LLC boosted its stake in SpaceX by 112.5% in the 3rd quarter. Trifecta Capital Advisors LLC now owns 238 shares of the company’s stock worth $36,000 after purchasing an additional 126 shares in the last quarter. Decision Investments Inc. grew its position in SpaceX by 10.7% during the 3rd quarter. Decision Investments Inc. now owns 1,443 shares of the company’s stock valued at $218,000 after purchasing an additional 139 shares during the last quarter. Finally, Worthington Financial Partners LLC grew its position in SpaceX by 3.0% during the 3rd quarter. Worthington Financial Partners LLC now owns 4,883 shares of the company’s stock valued at $737,000 after purchasing an additional 142 shares during the last quarter.

More SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Strong Q3 results: SpaceX reported $14.58 billion in revenue, up 161% year over year, and earnings of $0.35 per share versus the $0.10 consensus estimate. Net income reached approximately $4.4 billion, compared with a loss a year earlier. SpaceX quarterly revenue jumps, beats estimates as AI business surges
• Positive Sentiment: AI business is scaling rapidly: The Super Intelligence segment generated roughly $7.56 billion in revenue, up more than eightfold, and became SpaceX’s largest revenue contributor. Management said new computing deployments are currently producing payback in less than a year, helping validate the company’s AI infrastructure strategy. Why SpaceX Stock Popped After Earnings
• Positive Sentiment: Upbeat outlook and analyst support: SpaceX guided to $33 billion-$37 billion in first-quarter 2027 revenue, while its backlog reached about $63 billion. JPMorgan raised its price target to $500, and other firms including Wells Fargo, TD Cowen and Needham also increased targets or reiterated bullish ratings. Top Analysts Boost Price Targets After Q3 Beat
• Positive Sentiment: Merger speculation added momentum: Elon Musk called a Tesla-SpaceX merger a good idea, and both companies formed independent committees to examine a transaction. A combination could create synergies across AI, vehicles, robotics, connectivity and data. However, no deal is certain and shareholder approval would be required. SpaceX and Tesla boards form special committees to review merger
• Neutral Sentiment: Starlink remains an important financial base: Connectivity revenue rose 69% to approximately $5.25 billion, with 13.6 million consumer subscribers and strong enterprise and government growth. Investors are watching whether subscriber expansion and direct-to-device plans can support the AI buildout.
• Negative Sentiment: Capital intensity remains the key risk: SpaceX spent about $19.6 billion on capital expenditures in the quarter and expects $35 billion-$40 billion in fourth-quarter spending. Analysts have warned that continued AI expansion could require substantial borrowing and create execution, power-availability and cash-flow risks. SpaceX Bulls Get Louder After Q3 Earnings Print
• Negative Sentiment: Potential supply and governance overhangs: Upcoming insider share unlocks could increase selling pressure, while concerns about Starlink’s geopolitical exposure and the uncertain terms of any Tesla merger remain risks to valuation.

SpaceX Trading Up 7.8%

Shares of NASDAQ SPCX opened at $159.31 on Thursday. SpaceX has a 12-month low of $104.83 and a 12-month high of $225.64. The company has a market capitalization of $2.10 trillion and a price-to-earnings ratio of -1,770.11. 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 firm’s 50 day simple moving average is $149.18.

SpaceX (NASDAQ:SPCX) last posted its quarterly earnings data on Tuesday, October 20th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.10 by $0.25. The company had revenue of $14.57 billion during the quarter. During the same period last year, the business earned ($0.36) EPS. SpaceX’s quarterly revenue was up 161.4% compared to the same quarter last year. Sell-side analysts predict that SpaceX will post 0.07 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on SPCX. Bank of America initiated coverage on shares of SpaceX in a report on Tuesday, July 7th. They set a “buy” rating and a $235.00 price target on the stock. Mizuho set a $205.00 price objective on shares of SpaceX in a report on Wednesday. KeyCorp restated a “sector weight” rating on shares of SpaceX in a report on Wednesday. Erste Group Bank started coverage on SpaceX in a research report on Thursday, October 8th. They issued a “hold” rating on the stock. Finally, Yorkville Ives began coverage on SpaceX in a research note on Tuesday, October 6th. They set an “outperform” rating and a $225.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, SpaceX currently has an average rating of “Moderate Buy” and a consensus price target of $243.08.

Insiders Place Their Bets

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction dated 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 completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX Company 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.