4,584 SpaceX $SPCX Shares Acquired by Signal Advisors Wealth LLC

Signal Advisors Wealth LLC boosted its stake in SpaceX (NASDAQ:SPCX) by 48.7% during the third quarter, Holdings Channel reports. The institutional investor owned 14,006 shares of the company’s stock after buying an additional 4,584 shares during the period. Signal Advisors Wealth LLC’s holdings in SpaceX were worth $2,113,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of SPCX. BigSur Wealth Management LLC raised its holdings in SpaceX by 1,538.1% in the 3rd quarter. BigSur Wealth Management LLC now owns 34,400 shares of the company’s stock valued at $5,190,000 after acquiring an additional 32,300 shares during the period. Foster Group Inc. acquired a new stake in SpaceX during the third quarter worth approximately $529,000. Krilogy Financial LLC lifted its position in SpaceX by 12,994.6% during the third quarter. Krilogy Financial LLC now owns 800,999 shares of the company’s stock worth $130,899,000 after acquiring an additional 794,882 shares during the last quarter. Edge Wealth Management LLC bought a new stake in shares of SpaceX during the third quarter worth approximately $202,000. Finally, Maltin Wealth Management Inc. bought a new stake in shares of SpaceX during the third quarter worth approximately $228,000.

SpaceX Stock Performance

SPCX stock opened at $152.16 on Thursday. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64. The firm has a market capitalization of $2.01 trillion and a P/E ratio of -1,690.67. The company has a 50-day simple moving average of $147.51. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.12 and a quick ratio of 4.99.

SpaceX (NASDAQ:SPCX) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.26) by $0.17. The business had revenue of $7.81 billion during the quarter. The firm’s revenue was up 91.9% on a year-over-year basis. On average, analysts forecast that SpaceX will post 0.07 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Roth Capital raised SpaceX to a “buy” rating in a research report on Monday, June 22nd. Citigroup lowered SpaceX from a “buy” rating to a “sell” rating in a research note on Friday, August 7th. Wolfe Research reissued an “outperform” rating and set a $175.00 price target on shares of SpaceX in a report on Wednesday, August 26th. Moffett Nathanson lifted their price target on SpaceX from $131.00 to $142.00 and gave the stock a “neutral” rating in a report on Monday, September 14th. Finally, Piper Sandler reduced their price target on SpaceX from $156.00 to $140.00 and set a “neutral” rating for the company in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, nine have issued a Hold rating and five have assigned 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 $220.06.

SpaceX News Roundup

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Strong Starlink momentum: SpaceX reportedly added approximately 570,000 subscribers per month in the second quarter, potentially contributing about $450 million in annual recurring revenue monthly. Starlink remains the company’s primary profitable growth engine, although continued satellite launches are needed to support capacity. Starlink subscriber growth article
• Positive Sentiment: Bullish analyst outlook: Morgan Stanley maintained an Overweight rating and a $300 target, while Raymond James reiterated a Strong Buy rating with an $800 target. These targets reflect expectations for substantial upside from Starlink, launch services, artificial intelligence and potential mobile connectivity. Morgan Stanley SpaceX price target
• Positive Sentiment: Operational progress: A successful NASA resupply mission reinforced SpaceX’s launch reliability, while its spectrum acquisition could support the expansion of Starlink Mobile into a broader wireless offering.
• Neutral Sentiment: Long-term valuation debate: Supporters argue SpaceX could eventually look inexpensive if it reaches Elon Musk’s aggressive revenue goals, including major growth in Starlink, space-based data centers and mobile services. However, traditional near-term valuation measures remain difficult to justify.
• Negative Sentiment: Capital intensity and dilution concerns: Reports that SpaceX may raise as much as $40 billion in new debt—and potentially require far more to fund AI, chips, satellites and launch infrastructure—are increasing concern about cash burn, leverage and execution risk. An upcoming employee and early-investor share unlock may also add supply.
• Negative Sentiment: Ukraine-related controversy: Ukrainian officials say new Starlink restrictions disrupted military drone operations. The allegations could damage SpaceX’s reputation, increase political scrutiny and create uncertainty around government and defense contracts. Reuters Ukraine Starlink report
• Negative Sentiment: Near-term market pressure: A broader equity sell-off overshadowed the successful launch, while investors remain skeptical that SpaceX can quickly overcome terrestrial-network competition, regulatory hurdles and the substantial cost of building its wireless business.

Insider Activity

In other news, COO Gwynne Shotwell sold 342,170 shares of the firm’s 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 directly owned 2,472,035 shares of the company’s stock, valued at approximately $379,630,414.95. This trade represents a 12.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

About SpaceX

Space Exploration Technologies Corp. (SpaceX) is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles, spacecraft and satellite systems designed to reduce the cost of access to space and support commercial, government and scientific missions.

SpaceX’s primary products and services include the Falcon 9 and Falcon Heavy launch vehicles, the Dragon spacecraft and the Starlink satellite internet network. The company also is developing Starship, a fully reusable launch and spacecraft system intended for missions to Earth orbit, the Moon and Mars.