38,595,800 Shares in SpaceX $SPCX Purchased by K5 Global Advisor LLC

K5 Global Advisor LLC acquired a new stake in SpaceX (NASDAQ:SPCX) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 38,595,800 shares of the company’s stock, valued at approximately $6,587,531,000. SpaceX accounts for about 100.0% of K5 Global Advisor LLC’s holdings, making the stock its largest position.

A number of other large investors also recently bought and sold shares of the stock. KERR FINANCIAL PLANNING Corp purchased a new position in SpaceX during the second quarter worth about $566,000. Burkett Financial Services LLC purchased a new stake in shares of SpaceX in the 2nd quarter valued at approximately $70,000. Dogwood Wealth Management LLC acquired a new position in shares of SpaceX in the 2nd quarter worth approximately $139,000. Dynamic Advisor Solutions LLC acquired a new position in shares of SpaceX in the 2nd quarter worth approximately $3,383,000. Finally, Apella Capital LLC purchased a new position in shares of SpaceX during the 2nd quarter worth approximately $452,000.

SpaceX News Roundup

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Investor optimism remains high ahead of a planned Labor Day weekend Falcon 9 launch from Vandenberg. A successful mission would reinforce SpaceX’s launch reliability and market leadership. SpaceX Labor Day weekend rocket launch
• Positive Sentiment: Recent earnings continue to provide a fundamental underpinning: revenue rose roughly 92% year over year to $7.8 billion, while Starlink subscriber growth, connectivity demand and expanding AI-compute revenue fueled bullish views. Some analysts believe SpaceX’s AI infrastructure could become a major long-term growth engine. SpaceX market capitalization and growth outlook
• Positive Sentiment: A reported $10 million bullish options position betting on a recovery toward $175, along with bullish analyst targets, signals continued institutional and speculative interest in SPCX. SpaceX bullish options bet
• Neutral Sentiment: Starship Test 14 is approaching, reportedly with a potential launch window in mid-September. The event could be a meaningful catalyst, but investors are also focused on the risk of delays or another unsuccessful test. SpaceX Starship Test 14
• Negative Sentiment: The Sept. 9 share unlock is the most immediate overhang. Newly eligible insider and early-investor shares could increase supply and create selling pressure after the recent rally. SpaceX share unlock
• Negative Sentiment: Valuation and capital intensity remain significant risks. SpaceX reportedly spent $18.4 billion in one quarter, including $15.8 billion on AI, while remaining GAAP-loss-making. Critics argue that much of the company’s future success is already reflected in its multitrillion-dollar valuation. SpaceX valuation and capital spending analysis

SpaceX Price Performance

Shares of SPCX opened at $147.95 on Monday. The stock has a market cap of $1.93 trillion and a P/E ratio of -1,643.89. SpaceX has a fifty-two week low of $104.83 and a fifty-two week 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 business’s 50 day simple moving average is $136.15.

SpaceX (NASDAQ:SPCX) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.17. The business had revenue of $7.81 billion during the quarter. SpaceX’s revenue was up 91.9% on a year-over-year basis. Research analysts forecast that SpaceX will post -0.15 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Guggenheim began coverage on shares of SpaceX in a report on Friday, August 7th. They issued a “buy” rating for the company. Benchmark began coverage on SpaceX in a research note on Monday, June 22nd. They set a “buy” rating on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of SpaceX in a research note on Wednesday, August 26th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $246.00 price objective on shares of SpaceX in a report on Wednesday, August 5th. Finally, Clear Str raised SpaceX to a “strong-buy” rating in a research note on Tuesday, July 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eight have given a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $221.20.

About SpaceX

SpaceX, or Space Exploration Technologies Corp., is an American aerospace company focused on the design, manufacture and launch of advanced rockets and spacecraft. The company develops launch vehicles and space systems used for commercial, government and scientific missions, with a strong emphasis on lowering the cost of access to space through reusable rocket technology.

Founded in 2002 by Elon Musk, SpaceX has built a broad portfolio of products and services that includes the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starship development program.