SpaceX (NASDAQ:SPCX) Stock Bought Rep. Jared Moskowitz

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 Price Performance

NASDAQ SPCX traded down $10.49 on Wednesday, reaching $114.84. The company’s stock had a trading volume of 68,828,604 shares, compared to its average volume of 101,944,750. SpaceX has a twelve month low of $104.83 and a twelve month high of $225.64.

SpaceX (NASDAQ:SPCX) last released its earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share for the quarter, topping the consensus estimate of ($0.26) by $0.17. The firm had revenue of $7.81 billion during the quarter. The company’s quarterly revenue was up 91.9% compared to the same quarter last year.

Hedge Funds Weigh In On SpaceX

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SPCX. Beacon Investment Advisory Services Inc. bought a new stake in shares of SpaceX during the 2nd quarter worth $174,000. Beaird Harris Wealth Management LLC bought a new position in shares of SpaceX in the second quarter worth about $120,000. Teamwork Financial Advisors LLC bought a new position in shares of SpaceX in the second quarter worth about $8,027,000. Cooper Financial Group acquired a new position in shares of SpaceX during the 2nd quarter worth about $950,000. Finally, Ebert Capital Management Inc. bought a new stake in SpaceX during the 2nd quarter valued at approximately $647,000.

Wall Street Analyst Weigh In

SPCX has been the topic of a number of research analyst reports. KeyCorp reiterated a “sector weight” rating on shares of SpaceX in a report on Tuesday, July 28th. Arete Research set a $401.00 target price on shares of SpaceX and gave the company a “buy” rating in a research note on Thursday, June 18th. William Blair reiterated an “outperform” rating on shares of SpaceX in a report on Friday. Piper Sandler reduced their price objective on SpaceX from $156.00 to $140.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of SpaceX in a research report on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $229.39.

Key Headlines Impacting 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 above analysts’ expectations. Its $0.09-per-share loss was also narrower than the expected $0.26 loss. Starlink generated approximately $4.29 billion in revenue and remained the company’s main profit engine. Reuters earnings report
• Positive Sentiment: Management outlined ambitious growth targets, including a $100 billion annualized revenue run rate by December and potentially $1 trillion in annual revenue by 2030. Executives also cited new cloud-services contracts that could begin ramping in October. SpaceX revenue targets
• Positive Sentiment: Needham and Cantor Fitzgerald reaffirmed bullish ratings with price targets of $250 and $246, respectively. Royal Bank of Canada also reiterated its Outperform rating, supporting the long-term growth case. Analyst ratings
• Neutral Sentiment: SpaceX said it will use Nvidia hardware exclusively for its AI infrastructure. The decision could strengthen SpaceX’s computing capabilities, although it underscores the scale of its investment and benefits Nvidia more directly. Nvidia and SpaceX hardware deal
• Negative Sentiment: Capital expenditures surged to $18.4 billion in the quarter, including roughly $15.8 billion for AI infrastructure and cloud services. Investors are concerned that AI and space investments remain loss-making and could pressure free cash flow despite strong revenue growth. SpaceX AI spending
• Negative Sentiment: Approximately 911 million insider and pre-IPO shares become eligible for sale on August 6. The potential supply increase is a major near-term overhang, particularly with short interest reportedly near one-third of the public float. SpaceX lockup expiration

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.