Rep. Jared Moskowitz Buys Shares of SpaceX (NASDAQ:SPCX)

Representative Jared Moskowitz (Democratic-Florida) recently bought shares of SpaceX (NASDAQ:SPCX). In a filing disclosed on July 26th, the Representative disclosed that they had bought between $1,001 and $15,000 in SpaceX stock on June 12th. The trade occurred in the Representative’s “MORGAN STANLEY ACTIVE ASSETS (2)” account.

Representative Jared Moskowitz also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 6/18/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/17/2026.
• Purchased $1,001 – $15,000 in shares of HCA Healthcare (NYSE:HCA) on 6/17/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 6/17/2026.
• Purchased $1,001 – $15,000 in shares of Monster Beverage (NASDAQ:MNST) on 6/17/2026.
• Sold $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 6/17/2026.
• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 6/17/2026.
• Sold $1,001 – $15,000 in shares of Cencora (NYSE:COR) on 5/6/2026.
• Purchased $1,001 – $15,000 in shares of Gilead Sciences (NASDAQ:GILD) on 5/6/2026.

SpaceX Stock Performance

NASDAQ:SPCX traded down $17.06 during trading hours on Wednesday, hitting $108.27. The company had a trading volume of 201,864,127 shares, compared to its average volume of 105,965,602. SpaceX has a 1 year low of $104.83 and a 1 year high of $225.64.

SpaceX (NASDAQ:SPCX) last announced its quarterly earnings data 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 firm’s revenue for the quarter was up 91.9% on a year-over-year basis.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: SpaceX reported second-quarter revenue of $7.81 billion, up 91.9% year over year and ahead of analyst expectations. Its adjusted EPS loss of $0.09 also beat the expected $0.26 loss. Starlink remained the primary earnings driver, while AI-cloud contracts with customers including Anthropic and Google supported growth. Reuters earnings report
• Positive Sentiment: Management outlined aggressive long-term targets, including a $100 billion annualized revenue run rate by December and $1 trillion in annual revenue by 2030. SpaceX also expects Starlink expansion and AI-compute demand to accelerate. SpaceX revenue targets
• Positive Sentiment: Several analysts remained bullish despite the selloff. Bank of America maintained a Buy rating and $235 target, while Needham and Cantor Fitzgerald reiterated Buy or Overweight ratings with targets near $250. Analyst reaction
• Positive Sentiment: A $1.6 billion Pentagon contract and plans to expand Starlink Mobile into broader wireless services could add substantial future revenue and challenge traditional carriers. Pentagon contract
• Neutral Sentiment: Elon Musk said SpaceX will use Nvidia chips exclusively for its AI buildout. The decision benefits Nvidia but underscores how dependent SpaceX’s expansion is on continued investment in expensive computing infrastructure. Nvidia endorsement
• Negative Sentiment: Capital expenditures surged to approximately $18.4 billion, including about $15.8 billion for AI infrastructure. The scale of spending, combined with widening losses in AI and space operations and concerns about substantial cash burn, overshadowed the revenue and earnings beats. AI spending concerns
• Negative Sentiment: As many as 912 million employee and pre-IPO shares become eligible for sale on August 6. The potential increase in the public float is creating supply concerns and could add volatility. SpaceX lockup expiry
• Negative Sentiment: SpaceX also disclosed an unrealized $540 million loss on its Bitcoin holdings, adding to investor concerns about cash deployment and financial volatility. Bitcoin loss

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and issued a $225.00 price objective on shares of SpaceX in a report on Monday. Roth Capital upgraded shares of SpaceX to a “buy” rating in a research report on Monday, June 22nd. UBS Group reissued a “buy” rating on shares of SpaceX in a research note on Wednesday. Citigroup initiated coverage on shares of SpaceX in a report on Tuesday, July 7th. They issued a “buy” rating and a $200.00 price objective on the stock. Finally, Barclays upgraded shares of SpaceX from an “underweight” rating to an “overweight” rating in a report on Monday, June 22nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $229.39.

Institutional Investors Weigh In On SpaceX

A number of large investors have recently modified their holdings of the company. Hyperion Asset Management Ltd purchased a new position in shares of SpaceX in the 2nd quarter valued at $201,137,000. Tema ETFs LLC purchased a new position in shares of SpaceX during the second quarter worth approximately $32,037,000. Teamwork Financial Advisors LLC acquired a new position in SpaceX in the second quarter valued at $8,027,000. Heck Capital Advisors LLC purchased a new position in shares of SpaceX in the 2nd quarter valued at approximately $3,768,000. Finally, Dynamic Advisor Solutions LLC acquired a new stake in shares of SpaceX during the second quarter worth $3,383,000.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida’s 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida’s 23rd Congressional District. He declared candidacy for the 2026 election.

Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor’s degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz’s career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

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.