5,482 Shares in SpaceX $SPCX Acquired by Parkside Investments LLC

Parkside Investments LLC bought a new stake in shares of SpaceX (NASDAQ:SPCX) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,482 shares of the company’s stock, valued at approximately $827,000.

Several other institutional investors also recently bought and sold shares of the company. Viking Fund Management LLC acquired a new stake in shares of SpaceX in the 3rd quarter worth $1,358,000. Wedbush Securities Inc. purchased a new position in SpaceX during the 2nd quarter worth $5,094,000. Avior Wealth Management LLC acquired a new position in SpaceX during the 3rd quarter valued at about $2,934,000. Apella Capital LLC increased its position in SpaceX by 218.2% during the 3rd quarter. Apella Capital LLC now owns 8,424 shares of the company’s stock valued at $1,412,000 after buying an additional 5,777 shares in the last quarter. Finally, Hyperion Asset Management Ltd purchased a new stake in SpaceX in the second quarter valued at about $201,137,000.

SpaceX Price Performance

Shares of SPCX opened at $147.79 on Wednesday. The company has a quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29. The firm’s fifty day moving average is $148.92. SpaceX has a 1-year low of $104.83 and a 1-year high of $225.64. The stock has a market capitalization of $1.95 trillion and a price-to-earnings ratio of -1,642.11.

SpaceX (NASDAQ:SPCX) last issued its earnings results on Tuesday, October 20th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.25. The firm had revenue of $14.57 billion during the quarter. During the same period last year, the business earned ($0.36) EPS. SpaceX’s revenue was up 161.4% compared to the same quarter last year. As a group, research analysts anticipate that SpaceX will post 0.07 EPS for the current fiscal year.

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 sale, the chief operating officer owned 2,472,035 shares in the company, valued at approximately $379,630,414.95. The trade was a 12.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on SPCX shares. Seaport Research Partners lowered SpaceX from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th. The Goldman Sachs Group restated a “buy” rating on shares of SpaceX in a report on Tuesday, September 29th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of SpaceX in a research report on Tuesday. KeyCorp reiterated a “sector weight” rating on shares of SpaceX in a research note on Tuesday, July 28th. Finally, Clear Str upgraded shares of SpaceX to a “strong-buy” rating in a research note on Tuesday, July 7th. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, nine have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $221.44.

Key Stories Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Q3 results beat expectations. 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. The company swung from a $0.36 loss per share a year earlier to approximately $4.4 billion in net income. SpaceX quarterly revenue jumps, beats estimates as AI business surges
• Positive Sentiment: AI has become the primary growth engine. Super Intelligence revenue reached $7.56 billion, compared with $813 million a year earlier, and represented more than half of company income. Big-tech demand for SpaceX’s data-center and computing capacity is reinforcing the broader AI investment theme. SpaceX’s AI business is beating expectations
• Positive Sentiment: Management signaled substantial additional capacity growth. CEO Elon Musk said SpaceX expects to add at least 10 gigawatts of AI compute capacity in 2027. Starlink also continued to expand, reaching 13.6 million consumer subscribers, while connectivity revenue rose 69% to $5.25 billion. CEO Elon Musk Just Gave SpaceX Investors Great News
• Positive Sentiment: A possible Tesla combination gained credibility. SpaceX and Tesla each formed independent special committees to review a potential merger. No transaction is certain, but the development may support expectations for broader AI, robotics and infrastructure synergies. SpaceX and Tesla boards form special committees to review merger
• Neutral Sentiment: SpaceX and Tesla’s proposed “Terafab” is targeting volume chip production in 2028, potentially supporting long-term AI infrastructure ambitions but adding execution risk. SpaceX and Tesla’s Terafab targets 2028
• Negative Sentiment: Capital requirements remain the key concern. SpaceX spent about $19.6 billion on capital expenditures during the quarter, including $16.4 billion for AI infrastructure. Investors must determine whether future computing revenue can justify the spending and potential financing needs.
• Negative Sentiment: Starlink subscriber growth was below expectations, and more than one billion shares may become eligible for sale following the lockup expiration, creating a potential source of supply and volatility. A massive SpaceX stock lockup expiration is coming

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.