SpaceX $SPCX Stock: Third View Private Wealth LLC Raises Holdings

Third View Private Wealth LLC boosted its stake in shares of SpaceX (NASDAQ:SPCX) by 106.9% during the third quarter, Holdings Channel reports. The fund owned 26,760 shares of the company’s stock after acquiring an additional 13,829 shares during the period. Third View Private Wealth LLC’s holdings in SpaceX were worth $4,037,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. SC US Ttgp LTD. bought a new position in shares of SpaceX in the second quarter worth about $20,933,621,000. Darsana Capital Partners LP bought a new stake in shares of SpaceX during the second quarter valued at approximately $17,335,783,000. K5 Global Advisor LLC bought a new stake in shares of SpaceX during the second quarter valued at approximately $6,587,531,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of SpaceX in the third quarter valued at approximately $4,224,143,000. Finally, Thrive Capital Management LLC bought a new position in SpaceX in the 2nd quarter worth approximately $3,231,681,000.

SpaceX Stock Performance

SPCX opened at $141.31 on Wednesday. The stock’s fifty day simple moving average is $149.68. The firm has a market cap of $1.92 trillion and a price-to-earnings ratio of 543.50. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64. The company has a quick ratio of 3.00, a current ratio of 3.08 and a debt-to-equity ratio of 0.20.

SpaceX (NASDAQ:SPCX) last posted its earnings results on Tuesday, October 20th. The company reported $0.35 earnings per share (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. SpaceX had a negative return on equity of 3.24% and a negative net margin of 8.61%. SpaceX’s quarterly revenue was up 161.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.36) earnings per share. Equities analysts forecast that SpaceX will post 0.19 EPS for the current year.

Insiders Place Their Bets

In related news, COO Gwynne Shotwell sold 342,170 shares of SpaceX stock in a transaction that occurred on Tuesday, September 22nd. The shares were 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 of the company’s stock, valued at $379,630,414.95. This trade represents a 12.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX News Summary

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: SpaceX reported a strong third quarter: revenue rose 161% year over year to $14.58 billion and earnings beat estimates. Its AI-related Super Intelligence business grew rapidly, while Starlink added 1.6 million subscribers. The results support the company’s growth story. SpaceX Q3 earnings call highlights
• Positive Sentiment: Reported talks to buy Boost Mobile or access its network have raised hopes SpaceX could pair Starlink coverage with an existing customer base and expand into wireless. A deal could accelerate market entry, though it remains uncertain. SpaceX Starlink’s telecom ground game takes shape
• Neutral Sentiment: SpaceX objected to a proposed OKXICE listing of third-party tokenized shares. The move could restrict a new avenue for trading exposure to SpaceX, but the reports do not indicate a direct change to the company’s business or financial performance. SpaceX blocks tokenized stock listing on OKXICE
• Negative Sentiment: The AI buildout carries substantial cost: reports say SpaceX raised its fourth-quarter capital-spending forecast to $35 billion–$40 billion and is targeting major computing-capacity expansion. Investors may worry that spending and funding needs will outpace returns, particularly given the company’s ambitious revenue goals. SpaceX raises 2026 capex forecast as AI compute demand surges
• Negative Sentiment: The Boost Mobile strategy is not assured: the business relies on network leases from incumbent carriers, which could complicate a transfer or limit SpaceX’s ability to compete. A potential Anthropic IPO may also draw investor money and attention away from SpaceX’s AI ambitions. SpaceX could be biggest loser from successful Anthropic IPO

Wall Street Analysts Forecast Growth

Several research firms have issued reports on SPCX. Canaccord Genuity Group assumed coverage on SpaceX in a report on Tuesday, July 7th. They set a “buy” rating and a $246.00 price objective on the stock. Argus raised SpaceX from a “hold” rating to a “buy” rating and set a $160.00 target price for the company in a research note on Friday, August 7th. Guggenheim assumed coverage on SpaceX in a research report on Friday, August 7th. They set a “buy” rating for the company. Phillip Securities raised SpaceX from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, October 23rd. Finally, Erste Group Bank initiated coverage on SpaceX in a report on Thursday, October 8th. They issued a “hold” rating on the stock. Four investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $244.97.

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.