SpaceX $SPCX Shares Newly Bought by Sapient Capital LLC

Sapient Capital LLC bought a new stake in shares of SpaceX (NASDAQ:SPCX) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 23,473 shares of the company’s stock, valued at approximately $3,541,000.

Several other hedge funds have also recently made changes to their positions in SPCX. Atwood & Palmer Inc. grew its position in SpaceX by 239.5% in the 3rd quarter. Atwood & Palmer Inc. now owns 567 shares of the company’s stock worth $86,000 after purchasing an additional 400 shares during the period. Artemis Investment Management LLP purchased a new position in shares of SpaceX in the 3rd quarter worth $19,385,000. Aletheian Wealth Advisors LLC bought a new stake in shares of SpaceX in the third quarter worth $359,000. Apeiron RIA LLC purchased a new stake in SpaceX during the third quarter valued at $345,000. Finally, YHB Investment Advisors Inc. bought a new position in SpaceX in the third quarter valued at about $715,000.

SpaceX News Summary

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: SpaceX plans to acquire spectrum that would support Starlink Mobile and has announced ambitions to become a major mobile carrier. The move could expand Starlink beyond satellite broadband into direct-to-device wireless services, although the strategy has drawn opposition from parts of the aerospace and telecom industries. SpaceX to acquire spectrum that enables Starlink Mobile services
• Positive Sentiment: American Airlines plans to install Starlink internet on more than 1,000 aircraft, providing another significant commercial customer and supporting recurring connectivity revenue. American Airlines to add Starlink internet
• Positive Sentiment: The FCC approved deployment of 15,000 additional Starlink satellites for mobile and direct-to-device service, while waiving a ground-provider leasing requirement. This improves SpaceX’s ability to scale its satellite network. FCC approval for additional Starlink satellites
• Positive Sentiment: SpaceX successfully completed NASA’s 237-day Crew-12 mission, reinforcing its operational track record. Analysts remain divided but bullish coverage includes Morgan Stanley’s maintained $300 price target and Goldman Sachs’ improved outlook. SpaceX completes NASA mission
• Neutral Sentiment: SpaceX’s AI-compute business is attracting demand from technology companies, including competitors of Grok, and a reported Google AI agreement could be worth as much as $29 billion. However, the size and durability of those future revenues remain uncertain. SpaceX Google AI agreement
• Negative Sentiment: The primary pressure is a reported plan to raise approximately $40 billion—about $10 billion in loans and $30 billion in bonds—to purchase Nvidia chips and expand AI data centers. Investors are concerned about leverage, capital intensity, chip obsolescence and whether AI cash flow will justify the investment. Financing for SpaceX Nvidia GPU purchase
• Negative Sentiment: Up to 328.4 million shares are scheduled to become eligible for sale on October 9. The potential increase in tradable supply is encouraging shareholders to lock in gains and is weighing on sentiment ahead of the unlock. SpaceX share unlock
• Negative Sentiment: Starlink’s launch in India remains delayed amid a public dispute involving Elon Musk and local telecom interests, creating regulatory and market-access uncertainty. Starlink India launch dispute

SpaceX Trading Down 4.2%

SpaceX stock traded down $7.03 during midday trading on Thursday, hitting $160.57. The stock had a trading volume of 69,930,755 shares, compared to its average volume of 102,531,188. SpaceX has a 52-week low of $104.83 and a 52-week high of $225.64. The stock has a market capitalization of $2.12 trillion and a P/E ratio of -1,784.11. The stock has a fifty day moving average of $143.95. The company has a quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29.

SpaceX (NASDAQ:SPCX) last issued its quarterly earnings results 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 firm had revenue of $7.81 billion for the quarter. The company’s quarterly revenue was up 91.9% on a year-over-year basis. As a group, equities research analysts predict that SpaceX will post 0.09 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the stock in a transaction on Tuesday, September 22nd. The stock was 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 owned 2,472,035 shares in the company, valued at approximately $379,630,414.95. This represents a 12.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Royal Bank Of Canada restated an “outperform” rating on shares of SpaceX in a research note on Monday, September 28th. UBS Group reissued a “buy” rating on shares of SpaceX in a report on Tuesday, September 29th. Seaport Research Partners cut shares of SpaceX from a “buy” rating to a “neutral” rating in a report on Friday, August 7th. Piper Sandler decreased their price target on shares of SpaceX from $156.00 to $140.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 5th. Finally, Phillip Securities upgraded shares of SpaceX to a “strong sell” rating and set a $75.00 price target on the stock in a research note on Friday, July 31st. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and six have given a Sell rating to the company’s stock. Based on data from MarketBeat, SpaceX currently has an average rating of “Moderate Buy” and a consensus price target of $219.77.

SpaceX Company Profile

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.