4,580 Shares of SpaceX $SPCX Bought by Villere ST Denis J & Co. LLC

Villere ST Denis J & Co. LLC acquired a new stake in SpaceX (NASDAQ:SPCX) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,580 shares of the company’s stock, valued at approximately $691,000.

A number of other large investors have also added to or reduced their stakes in the business. Syntax Research Inc. bought a new stake in SpaceX during the 2nd quarter worth approximately $26,000. Atwood & Palmer Inc. bought a new position in shares of SpaceX during the second quarter valued at $29,000. PayPay Securities Corp bought a new position in shares of SpaceX during the second quarter valued at $30,000. Hickory Point Bank & Trust acquired a new position in shares of SpaceX during the third quarter worth $30,000. Finally, Maryland Capital Advisors Inc. acquired a new position in shares of SpaceX during the third quarter worth $30,000.

Key SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: CEO Elon Musk said SpaceX’s annual recurring revenue could reach $100 billion this December and that exceeding $500 billion in December 2027 is his best estimate. The ambitious forecast strengthens the company’s growth narrative, though it depends on substantial expansion. Article
• Positive Sentiment: Stifel reiterated its Buy rating and $190 price target, citing potential growth opportunities, including data-center projects. The analyst endorsement helped reinforce investor confidence. Article
• Positive Sentiment: SpaceX is advancing plans for a roughly $24 billion gas-fired power plant and supercomputing facility in Starbase, potentially supporting its AI infrastructure ambitions. Separately, reports of a major Anthropic computing agreement and Google spending on SpaceX infrastructure point to possible demand for its compute capacity. Article
• Positive Sentiment: SpaceX’s Qualcomm partnership and planned Starlink Mobile deployment starting in 2027 could extend its business into nationwide 5G connectivity. Article
• Neutral Sentiment: NASA’s proposed $10 billion lunar-contract framework creates an opportunity for SpaceX, including a planned 2028 Starship mission, but the broader contracts are competitive rather than guaranteed awards. Article
• Neutral Sentiment: A first attempt to catch both Starship and its booster during Flight 15 could showcase progress in reusability, but the outcome remains uncertain. Article
• Negative Sentiment: Texas Gov.-elect Gina Hinojosa urged the state to pause action on land near Starbase, creating potential uncertainty around SpaceX’s local expansion plans. Investors are also watching whether political opposition could slow data-center development. Article

Insiders Place Their Bets

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

Analysts Set New Price Targets

A number of research firms recently weighed in on SPCX. Raymond James Financial restated a “strong-buy” rating on shares of SpaceX in a report on Wednesday, October 14th. HSBC reaffirmed a “hold” rating on shares of SpaceX in a report on Wednesday, October 21st. Erste Group Bank began coverage on SpaceX in a research report on Thursday, October 8th. They issued a “hold” rating on the stock. Seaport Research Partners cut SpaceX from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th. Finally, UBS Group reissued an “overweight” rating and issued a $300.00 price target on shares of SpaceX in a research note on Wednesday, October 21st. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $243.60.

SpaceX Stock Performance

NASDAQ:SPCX opened at $142.07 on Tuesday. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.00 and a current ratio of 3.08. The company has a fifty day moving average price of $149.19. The company has a market cap of $1.93 trillion and a price-to-earnings ratio of 546.42.

SpaceX (NASDAQ:SPCX) last announced its earnings results on Tuesday, October 20th. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.25. The business had revenue of $14.57 billion during the quarter. SpaceX had a negative net margin of 8.61% and a negative return on equity of 3.24%. SpaceX’s quarterly revenue was up 161.4% on a year-over-year basis. During the same period in the prior year, the business earned ($0.36) EPS. As a group, sell-side analysts anticipate that SpaceX will post 0.19 earnings per share for the current year.

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.