Rep. Maria Elvira Salazar Purchases SpaceX (NASDAQ:SPCX) Shares

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of SpaceX (NASDAQ:SPCX). In a filing disclosed on September 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in SpaceX stock on August 12th. The trade occurred in the Representative’s “UBS BROKERAGE ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Moderna (NASDAQ:MRNA) on 8/19/2026.
• Purchased $1,001 – $15,000 in shares of Moderna (NASDAQ:MRNA) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Qualcomm (NASDAQ:QCOM) on 8/19/2026.
• Purchased $15,001 – $50,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 8/19/2026.
• Sold $15,001 – $50,000 in shares of Chubb (NYSE:CB) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Qualcomm (NASDAQ:QCOM) on 8/12/2026.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 8/7/2026.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 7/28/2026.
• Purchased $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 7/28/2026.

SpaceX Trading Up 2.0%

SpaceX stock traded up $3.03 during trading on Friday, reaching $151.21. The company had a trading volume of 78,854,370 shares, compared to its average volume of 76,009,888. The stock has a market capitalization of $1.98 trillion and a price-to-earnings ratio of -1,680.11. 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 business’s 50-day moving average is $134.79. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64.

SpaceX (NASDAQ:SPCX) last released 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 for the quarter. SpaceX’s revenue for the quarter was up 91.9% on a year-over-year basis. On average, analysts predict that SpaceX will post -0.15 earnings per share for the current year.

Institutional Investors Weigh In On SpaceX

Several institutional investors have recently made changes to their positions in the company. Bullseye Investment Management LLC bought a new position in SpaceX in the 2nd quarter valued at $674,000. Smith Chas P & Associates PA Cpas purchased a new stake in shares of SpaceX during the second quarter valued at $307,000. Talon Private Wealth LLC purchased a new stake in shares of SpaceX during the second quarter valued at $487,000. Miramontes Capital LLC bought a new position in shares of SpaceX in the second quarter worth about $786,000. Finally, Core Capital Management & Research inc. purchased a new position in SpaceX in the 2nd quarter worth about $145,000.

Analyst Ratings Changes

A number of analysts have recently issued reports on SPCX shares. Oppenheimer increased their price objective on shares of SpaceX from $250.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. William Blair reaffirmed an “outperform” rating on shares of SpaceX in a research note on Friday. Benchmark assumed coverage on shares of SpaceX in a report on Monday, June 22nd. They issued a “buy” rating for the company. Stifel Nicolaus initiated coverage on shares of SpaceX in a research report on Tuesday, July 7th. They issued a “buy” rating and a $190.00 price target on the stock. Finally, Seaport Research Partners downgraded shares of SpaceX from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th. Two research 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 given 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 $221.06.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: SpaceX CFO Bret Johnsen disclosed a new AI-computing agreement worth approximately $1.11 billion per month, or more than $13 billion in annual recurring revenue, beginning December 1. The contract strengthens management’s case for reaching its $100 billion annual recurring-revenue target. SpaceX Closes $1.11 Billion-a-Month Compute Deal
• Positive Sentiment: Management expects Starship Flight 14 to generate revenue for the first time later this month, with the mission carrying production Starlink satellites. A successful revenue flight would mark progress from demonstrations toward a commercial launch business. Starship Revenue Flight 14
• Positive Sentiment: Goldman Sachs reaffirmed a Buy rating and $220 price target, citing accelerating AI, Starship and Starlink growth. William Blair also maintained a bullish view tied to multibillion-dollar SpaceX AI contracts. Goldman Sachs Reaffirms Buy Rating
• Positive Sentiment: Britain’s confirmation that it uses SpaceX’s military satellite network, alongside a reported Starshield contract and a successful Space Force launch, supports demand for the company’s government and defense services. Britain Uses SpaceX Military Network
• Neutral Sentiment: SpaceX is reportedly reconsidering the pace and structure of its AI data-center buildout. A more efficient strategy could improve returns, but slower expansion could delay projected AI revenue growth. SpaceX Data-Center Buildout Report
• Negative Sentiment: A 319-million-share lockup release has increased potential selling pressure, with additional shares reportedly scheduled to become tradable. SpaceX Lockup Release
• Negative Sentiment: Some analysts and commentators warn that SpaceX’s valuation—reported at roughly 98 times sales—leaves little room for execution errors. Isar Aerospace’s successful orbital launch also highlights rising European competition. Isar Aerospace Reaches Orbit
• Negative Sentiment: SpaceX’s lawsuit seeking to keep Texas Terafab tax-break records private may create reputational and regulatory concerns around its AI infrastructure expansion. SpaceX Terafab Records Lawsuit

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About SpaceX

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.