SpaceX $SPCX Stock: Total Clarity Wealth Management Inc. Increases Holdings

Total Clarity Wealth Management Inc. lifted its stake in shares of SpaceX (NASDAQ:SPCX) by 85.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,050 shares of the company’s stock after acquiring an additional 5,554 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in SpaceX were worth $1,818,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Viking Fund Management LLC acquired a new position in shares of SpaceX in the third quarter worth about $1,358,000. Diversify Advisory Services LLC raised its holdings in shares of SpaceX by 34.0% during the third quarter. Diversify Advisory Services LLC now owns 48,477 shares of the company’s stock valued at $7,205,000 after acquiring an additional 12,292 shares during the period. Wedbush Securities Inc. acquired a new stake in shares of SpaceX during the second quarter valued at approximately $5,094,000. Avior Wealth Management LLC acquired a new stake in shares of SpaceX during the third quarter valued at approximately $2,934,000. Finally, Apella Capital LLC lifted its position in shares of SpaceX by 218.2% in the 3rd quarter. Apella Capital LLC now owns 8,424 shares of the company’s stock valued at $1,412,000 after acquiring an additional 5,777 shares in the last quarter.

Wall Street Analysts Forecast Growth

SPCX has been the subject of a number of recent analyst reports. Oppenheimer raised their price objective 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. Guggenheim began coverage on shares of SpaceX in a research note on Friday, August 7th. They set a “buy” rating on the stock. JPMorgan Chase & Co. increased their target price on SpaceX from $240.00 to $500.00 and gave the company an “overweight” rating in a report on Wednesday, October 21st. Raymond James Financial reaffirmed a “strong-buy” rating on shares of SpaceX in a research report on Wednesday, October 14th. Finally, Weiss Ratings initiated coverage on SpaceX in a research report on Tuesday, September 1st. They issued a “sell (d)” rating for the company. Four investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, SpaceX has an average rating of “Moderate Buy” and a consensus price target of $244.97.

SpaceX Stock Up 1.1%

SPCX stock opened at $148.58 on Wednesday. The stock’s 50 day moving average is $149.43. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64.

SpaceX (NASDAQ:SPCX) last released its quarterly earnings data on Tuesday, October 20th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.25. The company had revenue of $14.57 billion during the quarter. During the same quarter in the previous year, the company posted ($0.36) EPS. The business’s revenue for the quarter was up 161.4% on a year-over-year basis. As a group, analysts anticipate that SpaceX will post 0.13 earnings per share for the current year.

Insider Activity

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction dated 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 transaction, the chief operating officer owned 2,472,035 shares in the company, valued at $379,630,414.95. The trade was a 12.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Key Headlines Impacting SpaceX

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

SpaceX 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.