14,244 Shares of SpaceX $SPCX Purchased by Surience Private Wealth LLC

Surience Private Wealth LLC bought a new position in shares of SpaceX (NASDAQ:SPCX) during the third quarter, Holdings Channel reports. The fund bought 14,244 shares of the company’s stock, valued at approximately $2,149,000. SpaceX accounts for 2.2% of Surience Private Wealth LLC’s holdings, making the stock its 16th biggest position.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Syntax Research Inc. purchased a new stake in shares of SpaceX in the 2nd quarter valued at approximately $26,000. Atwood & Palmer Inc. purchased a new stake in shares of SpaceX during the 2nd quarter valued at approximately $29,000. PayPay Securities Corp purchased a new stake in shares of SpaceX during the 2nd quarter valued at approximately $30,000. Hickory Point Bank & Trust purchased a new stake in shares of SpaceX during the 3rd quarter valued at approximately $30,000. Finally, Maryland Capital Advisors Inc. acquired a new position in SpaceX in the third quarter valued at approximately $30,000.

SpaceX News Summary

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Prediction-market odds of a Tesla-SpaceX combination before March 2027 rose above 50%, reaching roughly 55%-56% after Tesla unveiled a Roadster using SpaceX thruster technology. Analysts including Dan Ives argue the demonstration supports the idea of a shared engineering and artificial-intelligence platform. Prediction market odds on Tesla-SpaceX merger are above 50% for early 2027
• Positive Sentiment: Evercore raised its SpaceX target, citing progress toward major commercial “proof points” and more than $100 billion in potential revenue. Investors are also focused on third-quarter results due October 20, including Starlink growth, launch cadence and investment needs. SpaceX Q3 Earnings Countdown
• Positive Sentiment: SpaceX continues expanding Starlink’s commercial opportunity, including airline deployments at United Airlines and a planned mobile-network push beginning in rural America. Its reported spectrum strategy could broaden the addressable market beyond satellite broadband. SpaceX Expands Footprint With United Airlines
• Neutral Sentiment: SpaceX and Nvidia are reportedly collaborating on AI data centers in space, with initial satellite launches targeted for 2027. The project could create a new growth avenue, but it remains an early-stage initiative. SpaceX and Nvidia Team Up on AI Data Centers in Space
• Negative Sentiment: Reports that Ukraine’s military Starlink/Starshield access was restricted disrupted drone operations and renewed concerns about SpaceX’s geopolitical exposure and customer reliability. Service reportedly resumed, while President Trump denied ordering the restrictions, leaving responsibility unclear. Trump says White House didn’t order Starlink restrictions in Ukraine
• Negative Sentiment: Analysts caution that SpaceX’s spectrum deal still leaves it far smaller than established telecom giants, while upcoming insider share unlocks may add selling pressure. The company also faces scrutiny from a New York City Council AI-safety investigation.

Insider Buying and Selling at SpaceX

In other news, COO Gwynne Shotwell sold 342,170 shares of SpaceX 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 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on SPCX shares. Wells Fargo & Company lowered their price objective on SpaceX from $215.00 to $212.00 and set an “overweight” rating for the company in a research report on Tuesday, September 8th. JPMorgan Chase & Co. restated a “buy” rating on shares of SpaceX in a research report on Tuesday, August 25th. DZ Bank started coverage on SpaceX in a research note on Friday, August 21st. They issued a “sell” rating and a $100.00 price target on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $235.00 price target on shares of SpaceX in a report on Monday, September 28th. Finally, HSBC initiated coverage on SpaceX in a report on Thursday, July 23rd. They set a “hold” rating and a $115.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $221.34.

SpaceX Price Performance

Shares of NASDAQ:SPCX traded down $2.59 during mid-day trading on Friday, reaching $146.03. 88,126,147 shares of the company were exchanged, compared to its average volume of 94,434,504. SpaceX has a 1 year low of $104.83 and a 1 year 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 company has a 50-day moving average price of $148.44. The company has a market cap of $1.92 trillion and a price-to-earnings ratio of -1,622.56.

SpaceX (NASDAQ:SPCX) last announced its earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion during the quarter. The business’s revenue for the quarter was up 91.9% on a year-over-year basis. On average, research analysts forecast that SpaceX will post 0.07 earnings per share for the current fiscal year.

SpaceX 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.