SpaceX $SPCX Position Lifted by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. lifted its position in SpaceX (NASDAQ:SPCX) by 124.7% in the third quarter, HoldingsChannel.com reports. The firm owned 6,278 shares of the company’s stock after purchasing an additional 3,484 shares during the quarter. Foguth Wealth Management LLC.’s holdings in SpaceX were worth $917,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Miramontes Capital LLC raised its position in SpaceX by 408.0% during the third quarter. Miramontes Capital LLC now owns 23,380 shares of the company’s stock valued at $3,527,000 after purchasing an additional 18,778 shares during the period. Narus Financial Partners LLC acquired a new stake in SpaceX during the 3rd quarter valued at approximately $1,050,000. Clark Wealth Partners boosted its holdings in SpaceX by 203.9% during the third quarter. Clark Wealth Partners now owns 234 shares of the company’s stock worth $35,000 after buying an additional 157 shares in the last quarter. Onyx Bridge Wealth Group LLC raised its holdings in SpaceX by 241.8% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 10,450 shares of the company’s stock worth $1,576,000 after purchasing an additional 7,393 shares during the period. Finally, Smith Thornton Advisors LLC purchased a new position in SpaceX during the third quarter valued at $319,000.

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 Trading Up 1.5%

SPCX traded up $2.12 during trading hours on Monday, hitting $148.15. 44,721,192 shares of the company’s stock were exchanged, compared to its average volume of 100,428,227. The stock has a market cap of $1.95 trillion and a price-to-earnings ratio of -1,650.97. SpaceX has a 12-month low of $104.83 and a 12-month high of $225.64. The company has a debt-to-equity ratio of 0.29, a quick ratio of 4.99 and a current ratio of 5.12. The stock’s 50 day moving average price is $148.44.

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

Wall Street Analysts Forecast Growth

SPCX has been the subject of a number of research analyst reports. Needham & Company LLC reissued a “buy” rating on shares of SpaceX in a report on Wednesday, September 30th. Raymond James Financial reiterated a “strong-buy” rating on shares of SpaceX in a research report on Wednesday, October 14th. Citigroup cut SpaceX from a “buy” rating to a “sell” rating in a report on Friday, August 7th. Mizuho started coverage on SpaceX in a report on Tuesday, July 7th. They issued an “outperform” rating and a $200.00 target price for the company. Finally, Oppenheimer lifted their target price on shares of SpaceX from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, SpaceX 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 SpaceX stock in a transaction 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 completion of the sale, the chief operating officer directly owned 2,472,035 shares of the company’s stock, 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 is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

About SpaceX

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.