IFP Advisors Inc Makes New Investment in SpaceX $SPCX

IFP Advisors Inc acquired a new stake in shares of SpaceX (NASDAQ:SPCX) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 52,736 shares of the company’s stock, valued at approximately $9,010,000.

Other large investors have also made changes to their positions in the company. Syntax Research Inc. acquired a new stake in SpaceX during the 2nd quarter worth approximately $26,000. Atwood & Palmer Inc. acquired a new position in SpaceX during the second quarter valued at approximately $29,000. PayPay Securities Corp purchased a new stake in SpaceX during the second quarter worth approximately $30,000. Marquette Asset Management LLC purchased a new stake in SpaceX during the 2nd quarter worth $32,000. Finally, POM Investment Strategies LLC acquired a new stake in SpaceX in the 2nd quarter valued at $39,000.

Analysts Set New Price Targets

SPCX has been the topic of a number of recent research reports. Mizuho initiated coverage on SpaceX in a research note on Tuesday, July 7th. They set an “outperform” rating and a $200.00 price objective on the stock. William Blair reiterated an “outperform” rating on shares of SpaceX in a research note on Friday, July 31st. Wolfe Research reiterated an “outperform” rating and set a $175.00 target price on shares of SpaceX in a report on Wednesday, August 26th. Wedbush began coverage on SpaceX in a research report on Tuesday, June 30th. They set an “outperform” rating and a $190.00 price target on the stock. Finally, Moffett Nathanson started coverage on SpaceX in a report on Tuesday, July 7th. They issued a “neutral” rating and a $131.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have assigned a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $221.06.

Key Headlines Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Pivotal Research initiated coverage with a Buy rating and a $220 price target, citing potential upside from Starlink’s expansion into wireless and terrestrial communications if SpaceX can achieve reusable Starship operations. Why SpaceX Stock Is Rising Today and What Wall Street Expects Next
• Positive Sentiment: Investors continue to see potential catalysts from SpaceX’s non-space businesses, including Starlink, AI infrastructure and wireless services. JPMorgan also estimated that a Nasdaq-100 rebalancing could produce approximately $15.5 billion in passive buying. SpaceX Could Draw $15.5B in Passive Buying as Nasdaq Rebalance Looms
• Positive Sentiment: Recent operating momentum remains supportive: SpaceX reported quarterly revenue of $7.81 billion, up 91.9% year over year, and exceeded the consensus EPS estimate. Partnerships involving OpenAI, Cloudflare and orbital semiconductor manufacturing also reinforce the company’s broader technology strategy.
• Neutral Sentiment: SpaceX’s investment case is increasingly tied to AI data centers and other businesses beyond launch services. Analysts argue these divisions must continue performing strongly to justify the company’s exceptionally high valuation. SpaceX Stock Is Still Below Its Opening Price
• Negative Sentiment: Up to 319 million insider shares, valued at roughly $47 billion to $49 billion, became eligible for sale under the latest lock-up expiration. The potential increase in tradable supply is creating substantial selling pressure, with additional unlocks still ahead. SpaceX Falls More Than 4% as 319 Million Shares Unlock
• Negative Sentiment: SpaceX also faces execution concerns in rapidly building AI data centers. Some facilities reportedly operated without backup power for months, and the company faces a $920 million deadline to address related requirements. SpaceX AI Data Center Deadline

SpaceX Trading Down 3.9%

SPCX stock opened at $147.55 on Thursday. SpaceX has a twelve month low of $104.83 and a twelve month high of $225.64. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.12 and a quick ratio of 4.99. The firm has a market capitalization of $1.93 trillion and a P/E ratio of -1,639.44. The stock’s 50 day moving average is $135.28.

SpaceX (NASDAQ:SPCX) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.17. The company had revenue of $7.81 billion during the quarter. The business’s revenue was up 91.9% compared to the same quarter last year. On average, research analysts predict that SpaceX will post -0.15 EPS for the current 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, serving commercial, government and scientific customers.

SpaceX’s principal products include the Falcon 9 and Falcon Heavy rockets, which are used to launch satellites, spacecraft and other payloads into orbit. The company also develops the Dragon spacecraft, which supports cargo and crew missions to low Earth orbit, including missions for NASA and other customers.

Through its Starlink business, SpaceX operates a large constellation of low Earth orbit satellites that provides broadband internet service to customers in numerous countries and regions.