25,725 SpaceX $SPCX Shares Bought by RWQ Financial Management Services Inc.

RWQ Financial Management Services Inc. lifted its position in SpaceX (NASDAQ:SPCX) by 274.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 35,100 shares of the company’s stock after acquiring an additional 25,725 shares during the period. SpaceX makes up about 3.0% of RWQ Financial Management Services Inc.’s investment portfolio, making the stock its 14th largest position. RWQ Financial Management Services Inc.’s holdings in SpaceX were worth $5,295,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SPCX. Richards Merrill & Peterson Inc. lifted its stake in SpaceX by 20.0% in the third quarter. Richards Merrill & Peterson Inc. now owns 5,137 shares of the company’s stock valued at $775,000 after acquiring an additional 857 shares during the last quarter. Gimbal Financial bought a new position in shares of SpaceX in the 3rd quarter valued at about $213,000. New Wave Wealth Advisors LLC increased its stake in shares of SpaceX by 142.6% during the 3rd quarter. New Wave Wealth Advisors LLC now owns 2,911 shares of the company’s stock worth $456,000 after purchasing an additional 1,711 shares during the last quarter. Herold Advisors Inc. increased its stake in shares of SpaceX by 33.4% during the 3rd quarter. Herold Advisors Inc. now owns 1,608 shares of the company’s stock worth $243,000 after purchasing an additional 403 shares during the last quarter. Finally, LexAurum Advisors LLC raised its holdings in shares of SpaceX by 36.1% in the 3rd quarter. LexAurum Advisors LLC now owns 10,447 shares of the company’s stock valued at $1,576,000 after purchasing an additional 2,770 shares during the period.

Wall Street Analysts Forecast Growth

SPCX has been the subject of several recent analyst reports. Roth Capital upgraded shares of SpaceX to a “buy” rating in a research note on Monday, June 22nd. Daiwa Securities Group began coverage on SpaceX in a research report on Thursday, July 2nd. They set a “neutral” rating and a $175.00 price target on the stock. Wall Street Zen lowered SpaceX from a “hold” rating to a “sell” rating in a research note on Saturday, October 3rd. Seaport Research Partners cut SpaceX from a “buy” rating to a “neutral” rating in a research report on Friday, August 7th. Finally, Barclays initiated coverage on SpaceX in a research report on Friday, October 9th. They issued an “overweight” rating and a $254.00 price objective for the company. Three investment 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, the company has an average rating of “Moderate Buy” and a consensus target price of $221.44.

More SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Analysts remain constructive on SpaceX’s long-term growth. Bernstein reaffirmed a Buy rating and a $248 price target, while other coverage points to Starlink’s operating profits and the company’s expanding AI opportunity as major sources of potential upside. Bernstein sets SpaceX stock price target
• Positive Sentiment: SpaceX’s proposed acquisition of approximately $8 billion of 800 MHz spectrum could expand Starlink Mobile’s reach into indoor and direct-to-device wireless services. The initiative increases the company’s addressable market and intensifies its challenge to traditional carriers, although regulatory approval remains necessary. SpaceX Is Buying Airwaves to Take On the Wireless Carriers
• Neutral Sentiment: CEO Elon Musk said he plans to give one SpaceX share to every U.S. child next year—potentially covering roughly 70 million children and representing more than $10 billion at recent prices. The pledge generated attention and may broaden public ownership, but details on eligibility, custody and funding have not been provided. Elon Musk says he’ll give one share to every child
• Neutral Sentiment: Speculation about a SpaceX-Tesla combination continues, with RBC modeling a transaction that could value Tesla at $480 per share. The potential merger could create strategic synergies around AI, autonomy and infrastructure, but no deal has been announced and analysts note that financing, governance and regulatory hurdles would be substantial. SpaceX, Tesla earnings to test Musk’s AI spending ambitions
• Negative Sentiment: The earnings setup is the principal near-term risk. Analysts expect approximately $12.9 billion of revenue and $0.14 in earnings per share, while some research warns that contract timing could produce a miss. Investors will also scrutinize Starlink cash flow and potentially much higher 2027 capital expenditures, which could pressure the stock even if revenue growth remains strong. SpaceX Q3 Earnings Preview
• Negative Sentiment: A Bulgarian court approved arrest warrants for two Germans over a fire involving Starlink equipment. The incident appears isolated, but it adds regulatory and reputational noise around SpaceX’s satellite-internet business. Bulgarian court approves arrest warrant

SpaceX Stock Up 0.8%

Shares of SPCX traded up $1.20 during trading hours on Monday, hitting $147.23. The company had a trading volume of 50,059,630 shares, compared to its average volume of 100,491,391. The stock has a fifty day moving average price of $148.44. 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 has a market capitalization of $1.94 trillion and a price-to-earnings ratio of -1,635.74. SpaceX has a 12 month low of $104.83 and a 12 month high of $225.64.

SpaceX (NASDAQ:SPCX) last announced its 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 company had revenue of $7.81 billion for the quarter. The firm’s quarterly revenue was up 91.9% on a year-over-year basis. On average, equities analysts expect that SpaceX will post 0.07 EPS for the current fiscal year.

Insider Transactions at SpaceX

In other SpaceX 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 completion of the sale, the chief operating officer directly owned 2,472,035 shares in the company, valued at $379,630,414.95. This trade represents a 12.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at 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.