JSF Financial LLC Acquires New Shares in SpaceX $SPCX

JSF Financial LLC acquired a new stake in SpaceX (NASDAQ:SPCX) in the 3rd quarter, Holdings Channel reports. The firm acquired 5,827 shares of the company’s stock, valued at approximately $879,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. James T. Borello RIA boosted its position in SpaceX by 41.4% during the third quarter. James T. Borello RIA now owns 246 shares of the company’s stock worth $37,000 after purchasing an additional 72 shares in the last quarter. Downshift Financial LLC grew its holdings in SpaceX by 25.7% in the third quarter. Downshift Financial LLC now owns 553 shares of the company’s stock valued at $83,000 after purchasing an additional 113 shares during the last quarter. Trifecta Capital Advisors LLC grew its holdings in SpaceX by 112.5% in the third quarter. Trifecta Capital Advisors LLC now owns 238 shares of the company’s stock valued at $36,000 after purchasing an additional 126 shares during the last quarter. Decision Investments Inc. increased its position in shares of SpaceX by 10.7% in the third quarter. Decision Investments Inc. now owns 1,443 shares of the company’s stock valued at $218,000 after buying an additional 139 shares in the last quarter. Finally, Worthington Financial Partners LLC increased its position in shares of SpaceX by 3.0% in the third quarter. Worthington Financial Partners LLC now owns 4,883 shares of the company’s stock valued at $737,000 after buying an additional 142 shares in the last quarter.

SpaceX Trading Down 9.1%

NASDAQ SPCX opened at $144.75 on Friday. The stock’s 50-day simple moving average is $149.25. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.12 and a quick ratio of 4.99. SpaceX has a twelve month low of $104.83 and a twelve month high of $225.64. The stock has a market capitalization of $1.91 trillion and a P/E ratio of -1,608.33.

SpaceX (NASDAQ:SPCX) last posted its quarterly earnings results on Tuesday, October 20th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.10 by $0.25. The business had revenue of $14.57 billion during the quarter. During the same period last year, the business earned ($0.36) EPS. SpaceX’s revenue for the quarter was up 161.4% compared to the same quarter last year. Equities analysts predict that SpaceX will post 0.07 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Evercore reaffirmed an “outperform” rating and set a $275.00 price target on shares of SpaceX in a research note on Friday, October 16th. Argus raised shares of SpaceX from a “hold” rating to a “buy” rating and set a $160.00 price objective on the stock in a research note on Friday, August 7th. Pivotal Research increased their price objective on shares of SpaceX from $230.00 to $260.00 and gave the company a “buy” rating in a research note on Wednesday. Phillip Securities upgraded shares of SpaceX to a “strong sell” rating and set a $75.00 target price for the company in a report on Friday, July 31st. Finally, DZ Bank started coverage on shares of SpaceX in a research report on Friday, August 21st. They set a “sell” rating and a $100.00 target price for the company. Three equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $244.19.

Insider Buying and Selling at SpaceX

In related news, COO Gwynne Shotwell sold 342,170 shares of the firm’s stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $153.57, for a total value of $52,547,046.90. Following the sale, the chief operating officer directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Key SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Exceptional third-quarter performance: Revenue rose 161% year over year to $14.58 billion, while EPS of $0.35 exceeded the $0.10 consensus estimate. SpaceX also swung to a reported $4.4 billion profit, led by its rapidly growing Super Intelligence division. SpaceX Just Became an AI Company
• Positive Sentiment: Upbeat outlook and analyst support: Management expects first-quarter 2027 revenue of $33 billion to $37 billion. Bank of America raised its price target to $275, and other firms also lifted targets after the earnings beat. SpaceX wins higher price target
• Positive Sentiment: AI and wireless expansion: SpaceX’s AI revenue reportedly grew 830% year over year, while the company is seeking access to at least 80,000 U.S. cell sites to support a Starlink wireless network. A potential $11 billion annual compute arrangement with Google further highlights demand for its infrastructure. SpaceX seeks access to U.S. cell sites
• Neutral Sentiment: Tesla merger remains speculative: Independent committees at SpaceX and Tesla are exploring a combination that could create strategic AI, robotics, energy, and transportation synergies. However, valuation, regulatory approval, Tesla’s China operations, and Musk’s conflict-of-interest recusal remain significant obstacles. SpaceX-Tesla merger approval
• Negative Sentiment: Heavy capital requirements: Investors are increasingly focused on the enormous spending required for AI data centers and chips. Funding concerns, rising financing costs, and projected cash burn could offset the segment’s rapid revenue growth.
• Negative Sentiment: Valuation and supply pressure: Critics argue SPCX remains expensive even after incorporating the new forecast, while a large block of insider shares becoming eligible for sale could add selling pressure. Reports that Musk slowed Starlink service in Ukraine also create reputational and geopolitical risk.

SpaceX Profile

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.