SpaceX $SPCX Stock Bought by Diligent Investors LLC

Diligent Investors LLC lifted its holdings in shares of SpaceX (NASDAQ:SPCX) by 73.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 7,984 shares of the company’s stock after purchasing an additional 3,392 shares during the period. Diligent Investors LLC’s holdings in SpaceX were worth $1,204,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Syntax Research Inc. bought a new stake in SpaceX in the second quarter worth $26,000. Atwood & Palmer Inc. purchased a new stake in SpaceX during the second quarter valued at about $29,000. PayPay Securities Corp bought a new position in shares of SpaceX during the second quarter valued at about $30,000. Marquette Asset Management LLC bought a new position in shares of SpaceX during the second quarter valued at about $32,000. Finally, Hickory Point Bank & Trust purchased a new position in shares of SpaceX in the third quarter worth about $30,000.

Insider Activity

In related news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $153.57, for a total transaction of $52,547,046.90. Following the transaction, the chief operating officer owned 2,472,035 shares in the company, valued at $379,630,414.95. The trade was a 12.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX Stock Up 7.8%

Shares of SpaceX stock opened at $159.31 on Thursday. The company has a market cap of $2.10 trillion and a price-to-earnings ratio of -1,770.11. SpaceX has a 12-month low of $104.83 and a 12-month 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 stock has a fifty day moving average price of $149.18.

SpaceX (NASDAQ:SPCX) last released its quarterly earnings data on Tuesday, October 20th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.25. The firm had revenue of $14.57 billion during the quarter. The company’s revenue for the quarter was up 161.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.36) EPS. As a group, sell-side analysts expect that SpaceX will post 0.07 earnings per share for the current fiscal year.

More SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Strong Q3 results: SpaceX reported $14.58 billion in revenue, up 161% year over year, and earnings of $0.35 per share versus the $0.10 consensus estimate. Net income reached approximately $4.4 billion, compared with a loss a year earlier. SpaceX quarterly revenue jumps, beats estimates as AI business surges
• Positive Sentiment: AI business is scaling rapidly: The Super Intelligence segment generated roughly $7.56 billion in revenue, up more than eightfold, and became SpaceX’s largest revenue contributor. Management said new computing deployments are currently producing payback in less than a year, helping validate the company’s AI infrastructure strategy. Why SpaceX Stock Popped After Earnings
• Positive Sentiment: Upbeat outlook and analyst support: SpaceX guided to $33 billion-$37 billion in first-quarter 2027 revenue, while its backlog reached about $63 billion. JPMorgan raised its price target to $500, and other firms including Wells Fargo, TD Cowen and Needham also increased targets or reiterated bullish ratings. Top Analysts Boost Price Targets After Q3 Beat
• Positive Sentiment: Merger speculation added momentum: Elon Musk called a Tesla-SpaceX merger a good idea, and both companies formed independent committees to examine a transaction. A combination could create synergies across AI, vehicles, robotics, connectivity and data. However, no deal is certain and shareholder approval would be required. SpaceX and Tesla boards form special committees to review merger
• Neutral Sentiment: Starlink remains an important financial base: Connectivity revenue rose 69% to approximately $5.25 billion, with 13.6 million consumer subscribers and strong enterprise and government growth. Investors are watching whether subscriber expansion and direct-to-device plans can support the AI buildout.
• Negative Sentiment: Capital intensity remains the key risk: SpaceX spent about $19.6 billion on capital expenditures in the quarter and expects $35 billion-$40 billion in fourth-quarter spending. Analysts have warned that continued AI expansion could require substantial borrowing and create execution, power-availability and cash-flow risks. SpaceX Bulls Get Louder After Q3 Earnings Print
• Negative Sentiment: Potential supply and governance overhangs: Upcoming insider share unlocks could increase selling pressure, while concerns about Starlink’s geopolitical exposure and the uncertain terms of any Tesla merger remain risks to valuation.

Analysts Set New Price Targets

SPCX has been the subject of a number of recent research reports. Citigroup boosted their target price on SpaceX from $200.00 to $240.00 and gave the company a “buy” rating in a research note on Wednesday. Clear Str upgraded SpaceX to a “strong-buy” rating in a research report on Tuesday, July 7th. Wolfe Research restated an “outperform” rating and set a $175.00 price target on shares of SpaceX in a research report on Wednesday, August 26th. UBS Group reaffirmed an “overweight” rating and issued a $300.00 price target on shares of SpaceX in a research note on Wednesday. Finally, William Blair reiterated an “outperform” rating on shares of SpaceX in a research report on Friday, October 9th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $243.08.

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.