SpaceX $SPCX Shares Purchased by Victory Financial Group LLC

Victory Financial Group LLC boosted its stake in SpaceX (NASDAQ:SPCX) by 161.8% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,716 shares of the company’s stock after buying an additional 9,714 shares during the quarter. Victory Financial Group LLC’s holdings in SpaceX were worth $2,371,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of SPCX. Viking Fund Management LLC purchased a new position in SpaceX in the 3rd quarter valued at about $1,358,000. Diversify Advisory Services LLC boosted its stake in shares of SpaceX by 34.0% during the 3rd quarter. Diversify Advisory Services LLC now owns 48,477 shares of the company’s stock worth $7,205,000 after purchasing an additional 12,292 shares during the last quarter. Wedbush Securities Inc. acquired a new stake in shares of SpaceX during the 2nd quarter worth about $5,094,000. Avior Wealth Management LLC purchased a new stake in shares of SpaceX during the third quarter worth about $2,934,000. Finally, Apella Capital LLC grew its holdings in shares of SpaceX by 218.2% during the third quarter. Apella Capital LLC now owns 8,424 shares of the company’s stock worth $1,412,000 after buying an additional 5,777 shares in the last quarter.

Wall Street Analyst Weigh In

SPCX has been the subject of a number of analyst reports. Yorkville Ives initiated coverage on shares of SpaceX in a research report on Tuesday, October 6th. They issued an “outperform” rating and a $225.00 price objective for the company. Clear Str upgraded shares of SpaceX to a “strong-buy” rating in a research report on Tuesday, July 7th. Piper Sandler reaffirmed a “neutral” rating on shares of SpaceX in a research note on Wednesday, October 21st. Seaport Research Partners downgraded SpaceX from a “buy” rating to a “neutral” rating in a report on Friday, August 7th. Finally, KeyCorp reissued a “sector weight” rating on shares of SpaceX in a research note on Wednesday, October 21st. Four analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, SpaceX presently has a consensus rating of “Moderate Buy” and a consensus target price of $244.97.

SpaceX Price Performance

NASDAQ SPCX opened at $148.58 on Wednesday. SpaceX has a 12 month low of $104.83 and a 12 month high of $225.64. The company’s 50-day moving average is $149.43.

SpaceX (NASDAQ:SPCX) last announced its quarterly earnings data on Tuesday, October 20th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.25. The company had revenue of $14.57 billion for the quarter. During the same quarter in the prior year, the firm posted ($0.36) EPS. SpaceX’s revenue for the quarter was up 161.4% on a year-over-year basis. On average, analysts expect that SpaceX will post 0.13 earnings per share for the current fiscal year.

SpaceX News Summary

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Strong earnings and AI growth support the stock. SpaceX reported $14.58 billion in third-quarter revenue, up 161% year over year, and $0.35 in EPS versus expectations of $0.10. Its AI-related “Super Intelligence” segment generated approximately $7.56 billion, more than half of total revenue. Is SpaceX Stock a Buy After Its Latest Earnings Report?
• Positive Sentiment: Analyst optimism increased. Bernstein raised its SpaceX price target to $268 from $248 and maintained an Outperform rating, citing AI infrastructure expansion and the longer-term possibility of orbital data centers. SpaceX stock rises, why analysts see more upside for the stock
• Positive Sentiment: Starlink continues adding commercial customers. An agreement to provide Starlink internet on easyJet flights reinforces the satellite network’s growth and monetization potential. SpaceX Stock Rises on Plans to Add Starlink Internet to easyJet Flights
• Neutral Sentiment: SpaceX secured approximately $40 billion in GPU financing through an Apollo-managed arrangement to acquire Nvidia chips and data-center equipment, with leases expected to begin in 2027. The funding accelerates AI capacity but adds significant long-term obligations. SpaceX locks in $40B GPU financing deal with Apollo
• Neutral Sentiment: Speculation over a potential Tesla-SpaceX combination remains a major valuation catalyst, but no transaction has been confirmed and independent committees are reviewing the idea. A merger could create operating synergies while also raising concerns about pricing, dilution and shareholder alignment. Elon Musk Reveals the Real Reason He Hasn’t Confirmed a SpaceX-Tesla Merger Will Happen
• Negative Sentiment: Financing and valuation risks remain elevated. SpaceX has filed a $3.42 billion shelf registration covering up to 23.6 million Class A shares, creating potential dilution. Analysts also question whether its heavy AI capital spending and valuation—reported at more than 60 times trailing sales—can be justified by future returns. Has Space Exploration Technologies Become Fully Valued Following Its Shelf Filing?
• Negative Sentiment: Legal and competitive concerns add uncertainty. Louisiana residents sued to unwind a SpaceX tax agreement, alleging violations of open-meeting requirements. Separately, Verizon executives estimate that competing directly in terrestrial wireless could require years and as much as $500 billion in infrastructure investment. Louisiana residents sue to unwind SpaceX tax deal

Insider Buying and Selling

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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.