Fairvoy Private Wealth LLC Makes New $1.13 Million Investment in SpaceX $SPCX

Fairvoy Private Wealth LLC bought a new position in shares of SpaceX (NASDAQ:SPCX) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 7,507 shares of the company’s stock, valued at approximately $1,133,000.

Several other large investors also recently modified their holdings of the stock. Trellis Wealth Advisors LLC acquired a new position in SpaceX in the third quarter valued at about $93,000. Clark Financial Services Group Inc. BD grew its stake in SpaceX by 12.2% during the third quarter. Clark Financial Services Group Inc. BD now owns 1,589 shares of the company’s stock worth $240,000 after buying an additional 173 shares in the last quarter. Kercheville Advisors LLC grew its stake in SpaceX by 158.8% during the third quarter. Kercheville Advisors LLC now owns 23,010 shares of the company’s stock worth $3,471,000 after buying an additional 14,120 shares in the last quarter. AA Financial Advisors LLC grew its stake in SpaceX by 3.3% during the third quarter. AA Financial Advisors LLC now owns 12,590 shares of the company’s stock worth $1,899,000 after buying an additional 405 shares in the last quarter. Finally, Fortitude Financial LLC increased its holdings in SpaceX by 55.7% in the 3rd quarter. Fortitude Financial LLC now owns 2,016 shares of the company’s stock valued at $304,000 after buying an additional 721 shares during the period.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Earnings could provide a catalyst. Analysts reportedly expect approximately $12.9 billion in third-quarter revenue and $0.14 in earnings per share. Investors will focus on Starlink cash flow, AI-related revenue, launch activity and 2027 spending plans. SpaceX Q3 Earnings Preview
• Positive Sentiment: Analyst support remains strong. Bernstein reiterated a Buy rating and a $248 price target, while other coverage points to upside if Starlink and AI growth justify the company’s ambitious investment program. Bernstein sets SpaceX stock price target
• Positive Sentiment: Starship and Starlink expansion could broaden future revenue. SpaceX is seeking approval for a major increase in Starship launch activity and is pursuing spectrum and direct-to-device opportunities that could make Starlink more competitive in wireless communications. SpaceX plans expanded Starship launches
• Neutral Sentiment: Elon Musk’s proposed stock giveaway generated attention. Musk said he plans to give one SpaceX share to every U.S. child next year, potentially involving roughly $10 billion or more of stock. Details on eligibility, administration and any dilution are not yet clear, limiting the immediate financial significance. Musk SpaceX shares giveaway
• Negative Sentiment: High spending and valuation create downside risk. SpaceX’s AI-computing business is growing but carries significant costs, while analysts are watching whether projected capital expenditures—potentially including an $18.4 billion investment program—will pressure profitability and cash flow. SpaceX earnings and AI spending

Analyst Ratings Changes

Several equities analysts have recently commented on SPCX shares. Argus upgraded shares of SpaceX from a “hold” rating to a “buy” rating and set a $160.00 target price for the company in a research report on Friday, August 7th. HSBC began coverage on shares of SpaceX in a report on Thursday, July 23rd. They set a “hold” rating and a $115.00 price target for the company. Bank of America started coverage on shares of SpaceX in a research report on Tuesday, July 7th. They set a “buy” rating and a $235.00 price target on the stock. Mizuho started coverage on shares of SpaceX in a research note on Tuesday, July 7th. They issued an “outperform” rating and a $200.00 price objective on the stock. Finally, UBS Group restated a “buy” rating on shares of SpaceX in a research report on Tuesday, September 29th. Three equities research 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $221.44.

Insider Activity at SpaceX

In other news, COO Gwynne Shotwell sold 342,170 shares of the stock in a transaction dated Tuesday, September 22nd. The shares were sold at an average price of $153.57, for a total value of $52,547,046.90. Following the completion of the transaction, the chief operating officer 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 the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX Price Performance

Shares of SPCX stock traded up $1.93 on Monday, hitting $147.96. 73,697,866 shares of the company’s stock were exchanged, compared to its average volume of 100,789,758. The company has a debt-to-equity ratio of 0.29, a quick ratio of 4.99 and a current ratio of 5.12. SpaceX has a 12 month low of $104.83 and a 12 month high of $225.64. The company has a market capitalization of $1.95 trillion and a PE ratio of -1,644.00. The stock’s 50 day moving average is $148.44.

SpaceX (NASDAQ:SPCX) last released its quarterly earnings data on Tuesday, August 4th. The company reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.17. The business had revenue of $7.81 billion during the quarter. The company’s revenue for the quarter was up 91.9% compared to the same quarter last year. Sell-side analysts predict that SpaceX will post 0.07 EPS for the current fiscal 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.