SpaceX $SPCX Stock Acquired by Vise Technologies Inc.

Vise Technologies Inc. lifted its holdings in shares of SpaceX (NASDAQ:SPCX) by 1,698.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 184,373 shares of the company’s stock after acquiring an additional 174,123 shares during the quarter. Vise Technologies Inc.’s holdings in SpaceX were worth $27,814,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SPCX. Syntax Research Inc. bought a new stake in SpaceX during the 2nd quarter worth approximately $26,000. Atwood & Palmer Inc. purchased a new position in shares of SpaceX in the 2nd quarter worth $29,000. PayPay Securities Corp purchased a new position in shares of SpaceX during the 2nd quarter valued at about $30,000. Hickory Point Bank & Trust purchased a new position in SpaceX in the 3rd quarter worth approximately $30,000. Finally, Maryland Capital Advisors Inc. bought a new stake in SpaceX in the 3rd quarter worth approximately $30,000.

Insider Buying and Selling

In other news, COO Gwynne Shotwell sold 342,170 shares of the company’s stock in a transaction that occurred 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 transaction, the chief operating officer directly owned 2,472,035 shares of the company’s stock, valued at $379,630,414.95. This represents a 12.16% decrease in their ownership of the stock. The transaction 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.

Analyst Upgrades and Downgrades

SPCX has been the subject of a number of recent research reports. Phillip Securities upgraded shares of SpaceX from a “strong sell” rating to a “strong-buy” rating in a report on Friday, October 23rd. Clear Str upgraded SpaceX to a “strong-buy” rating in a report on Tuesday, July 7th. Oppenheimer lifted their price target on SpaceX from $250.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. Susquehanna boosted their price objective on shares of SpaceX from $173.00 to $176.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 21st. Finally, Seaport Research Partners downgraded shares of SpaceX from a “buy” rating to a “neutral” rating in a research report on Friday, August 7th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $244.97.

Key Stories Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: SpaceX’s AI business remains a major growth catalyst. Reports indicate that Anthropic became its largest customer and accounted for more than one-third of third-quarter revenue, while SpaceX is reportedly benefiting from substantial demand for Nvidia-powered computing capacity. Anthropic Reportedly Becomes SpaceX’s Top Customer
• Positive Sentiment: Analysts continue to highlight SpaceX’s strong long-term prospects, including rapid AI growth, Starlink expansion and potential demand from Anthropic and other enterprise customers. The company’s AI revenue reportedly rose sharply in the third quarter, supporting the view that SpaceX is evolving beyond launch services. SpaceX vs. Nvidia
• Positive Sentiment: SpaceX launched Ukraine’s first OBRIA test satellite, reinforcing Falcon 9’s commercial launch capabilities and its role in developing independent communications networks. SPCX Launches Satellite for Ukraine’s Communications
• Neutral Sentiment: Speculation about a Tesla-SpaceX combination continues after Elon Musk called a merger strategically attractive, but the proposal would face difficult shareholder-approval, regulatory and governance hurdles. Questions Before a Possible Tesla and SpaceX Merger
• Negative Sentiment: Investors are concerned that SpaceX’s wireless ambitions could require approximately $130 billion beyond its reported spectrum commitments to compete with T-Mobile. T-Mobile also rejected the idea of a broader SpaceX deal, increasing uncertainty around the strategy. SpaceX’s Spectrum Deals May Not Be Enough
• Negative Sentiment: Intel’s cautious guidance intensified concerns about technology spending and AI infrastructure demand, weighing on SpaceX despite the company’s strong growth narrative. Heavy planned capital expenditures make SpaceX particularly sensitive to a broader pullback in AI investment. Why SpaceX Stock Dropped Today
• Negative Sentiment: Anthropic’s importance creates customer-concentration risk: although its reported SpaceX contract could be worth up to $120.5 billion, it may be cancellable with 90 days’ notice after the initial term. Investors are therefore questioning how durable the AI revenue pipeline is. Anthropic Contracts and SpaceX
• Negative Sentiment: SpaceX also faces potential selling pressure as billions of shares have become eligible to trade following IPO lockup releases. That supply overhang, combined with a very demanding valuation and ongoing GAAP losses, is limiting investor enthusiasm. SpaceX Insider Share Unlocks

SpaceX Stock Down 6.4%

NASDAQ:SPCX opened at $134.72 on Friday. SpaceX has a twelve month low of $104.83 and a twelve month high of $225.64. The firm has a market cap of $1.83 trillion and a price-to-earnings ratio of 518.15. The business’s 50 day moving average is $149.56. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.08 and a quick ratio of 3.00.

SpaceX (NASDAQ:SPCX) last announced its earnings results on Tuesday, October 20th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.10 by $0.25. The business had revenue of $14.57 billion during the quarter. SpaceX had a negative net margin of 8.61% and a negative return on equity of 3.24%. The business’s quarterly revenue was up 161.4% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.36) EPS. As a group, analysts anticipate that SpaceX will post 0.19 earnings per share for the current year.

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.