Jackson Square Capital LLC Acquires 17,268 Shares of SpaceX $SPCX

Jackson Square Capital LLC acquired a new stake in shares of SpaceX (NASDAQ:SPCX) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 17,268 shares of the company’s stock, valued at approximately $2,605,000.

Other hedge funds have also bought and sold shares of the company. SC US Ttgp LTD. purchased a new stake in shares of SpaceX in the second quarter valued at $20,933,621,000. Darsana Capital Partners LP purchased a new position in shares of SpaceX during the 2nd quarter worth about $17,335,783,000. K5 Global Advisor LLC purchased a new position in shares of SpaceX during the 2nd quarter worth about $6,587,531,000. State Street Corp purchased a new position in shares of SpaceX during the 2nd quarter worth about $1,858,329,000. Finally, Dragoneer Investment Group LLC bought a new position in SpaceX during the 2nd quarter valued at about $1,366,880,000.

Insider Buying and Selling at SpaceX

In related news, COO Gwynne Shotwell sold 342,170 shares of the company’s 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 sale, the chief operating officer directly owned 2,472,035 shares of the company’s stock, valued at $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 is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX Stock Performance

NASDAQ SPCX traded up $2.08 on Monday, reaching $148.10. 44,721,192 shares of the stock traded hands, compared to its average volume of 100,428,227. SpaceX has a 12 month low of $104.83 and a 12 month high of $225.64. The company has a market cap of $1.95 trillion and a P/E ratio of -1,650.97. The stock’s fifty day simple moving average is $148.44. The company has a current ratio of 5.12, a quick ratio of 4.99 and a debt-to-equity ratio of 0.29.

SpaceX (NASDAQ:SPCX) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion for the quarter. The business’s quarterly revenue was up 91.9% on a year-over-year basis. As a group, research analysts anticipate that SpaceX will post 0.07 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on SPCX. Evercore reissued an “outperform” rating and issued a $275.00 price objective on shares of SpaceX in a research note on Friday. Cantor Fitzgerald restated an “overweight” rating and set a $246.00 target price on shares of SpaceX in a research report on Wednesday, August 5th. Seaport Research Partners cut SpaceX from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th. Guggenheim began coverage on SpaceX in a research note on Friday, August 7th. They set a “buy” rating on the stock. Finally, Morgan Stanley reiterated an “overweight” rating on shares of SpaceX in a report on Tuesday, September 29th. Three research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, SpaceX currently has a consensus rating of “Moderate Buy” and a consensus target price of $221.44.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Earnings anticipation is driving demand. Analysts reportedly expect approximately $12.9 billion in quarterly revenue and $0.14 in earnings per share. Options markets imply a potentially significant post-earnings move, while investors will focus on Starlink cash flow, AI growth, 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, implying substantial upside from recent trading levels. Other coverage highlights Starlink’s profitability and SpaceX’s potential role in AI infrastructure. Bernstein Sets SpaceX Stock Price Target
• Positive Sentiment: Starlink’s expansion could broaden SpaceX’s growth opportunity. SpaceX is pursuing regulatory approval for significantly more Starship activity and has agreed to acquire an 800 MHz spectrum portfolio for roughly $8 billion, potentially supporting direct-to-device and broader mobile connectivity services. Starlink Mobile Expansion
• Neutral Sentiment: Elon Musk pledged to give one SpaceX share to every U.S. child in 2027. The proposed transfer could involve roughly 70–73 million shares worth more than $10 billion at recent prices. Because the shares would reportedly come from Musk rather than SpaceX issuing new stock, the immediate dilution effect is unclear; implementation and eligibility details remain unavailable. Musk SpaceX Share Giveaway
• Negative Sentiment: Valuation and spending remain key risks. Some analysts warn that contract timing could cause SpaceX to miss the elevated revenue expectations, while planned AI, spectrum, and Starship investments could push 2027 capital expenditures sharply higher and pressure the stock if management emphasizes aggressive spending. SpaceX Q3 Bar and 2027 Spending

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.