SpaceX $SPCX Shares Acquired by Foguth Wealth Management LLC.

Foguth Wealth Management LLC. raised its position in SpaceX (NASDAQ:SPCX) by 124.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 6,278 shares of the company’s stock after acquiring an additional 3,484 shares during the period. Foguth Wealth Management LLC.’s holdings in SpaceX were worth $917,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in SPCX. SC US Ttgp LTD. purchased a new stake in shares of SpaceX in the second quarter valued at about $20,933,621,000. Darsana Capital Partners LP bought a new position in SpaceX in the 2nd quarter valued at $17,335,783,000. K5 Global Advisor LLC purchased a new stake in shares of SpaceX during the 2nd quarter valued at $6,587,531,000. State Street Corp purchased a new position in shares of SpaceX in the 2nd quarter worth about $1,858,329,000. Finally, Dragoneer Investment Group LLC purchased a new position in SpaceX in the second quarter valued at about $1,366,880,000.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. TD Cowen restated a “buy” rating and issued a $200.00 target price on shares of SpaceX in a research note on Friday, October 9th. Roth Capital upgraded shares of SpaceX to a “buy” rating in a research note on Monday, June 22nd. Evercore reissued an “outperform” rating and set a $275.00 target price on shares of SpaceX in a report on Friday. Raymond James Financial reaffirmed a “strong-buy” rating on shares of SpaceX in a research note on Wednesday, October 14th. Finally, Susquehanna increased their target price on shares of SpaceX from $144.00 to $173.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $221.44.

SpaceX Trading Up 1.5%

Shares of SPCX traded up $2.12 during mid-day trading on Monday, reaching $148.15. The company’s stock had a trading volume of 44,721,192 shares, compared to its average volume of 100,428,227. The firm has a market capitalization of $1.95 trillion and a PE ratio of -1,650.97. The stock’s fifty day moving average price is $148.44. The company has a debt-to-equity ratio of 0.29, a quick ratio of 4.99 and a current ratio of 5.12. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64.

SpaceX (NASDAQ:SPCX) last announced its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates 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. Research analysts anticipate that SpaceX will post 0.07 EPS for the current year.

More SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Earnings anticipation is driving demand. Analysts reportedly expect approximately $12.9 billion in quarterly revenue and $0.14 in earnings per share. Options markets imply a potentially significant post-earnings move, while investors will focus on Starlink cash flow, AI growth, launch activity, and 2027 spending plans. SpaceX Q3 Earnings Preview
• Positive Sentiment: Analyst support remains strong. Bernstein reiterated a Buy rating and a $248 price target, implying substantial upside from recent trading levels. Other coverage highlights Starlink’s profitability and SpaceX’s potential role in AI infrastructure. Bernstein Sets SpaceX Stock Price Target
• Positive Sentiment: Starlink’s expansion could broaden SpaceX’s growth opportunity. SpaceX is pursuing regulatory approval for significantly more Starship activity and has agreed to acquire an 800 MHz spectrum portfolio for roughly $8 billion, potentially supporting direct-to-device and broader mobile connectivity services. Starlink Mobile Expansion
• Neutral Sentiment: Elon Musk pledged to give one SpaceX share to every U.S. child in 2027. The proposed transfer could involve roughly 70–73 million shares worth more than $10 billion at recent prices. Because the shares would reportedly come from Musk rather than SpaceX issuing new stock, the immediate dilution effect is unclear; implementation and eligibility details remain unavailable. Musk SpaceX Share Giveaway
• Negative Sentiment: Valuation and spending remain key risks. Some analysts warn that contract timing could cause SpaceX to miss the elevated revenue expectations, while planned AI, spectrum, and Starship investments could push 2027 capital expenditures sharply higher and pressure the stock if management emphasizes aggressive spending. SpaceX Q3 Bar and 2027 Spending

Insider Buying and Selling at SpaceX

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the firm’s stock in a transaction on 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 completion of the transaction, the chief operating officer owned 2,472,035 shares of the company’s stock, valued at approximately $379,630,414.95. This trade represents a 12.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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.