SpaceX $SPCX Stock: HBW Advisory Services LLC Grows Holdings

HBW Advisory Services LLC increased its stake in shares of SpaceX (NASDAQ:SPCX) by 55.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,464 shares of the company’s stock after acquiring an additional 4,441 shares during the quarter. HBW Advisory Services LLC’s holdings in SpaceX were worth $1,880,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Syntax Research Inc. bought a new position in shares of SpaceX during the 2nd quarter worth about $26,000. Atwood & Palmer Inc. bought a new stake in SpaceX in the 2nd quarter valued at about $29,000. PayPay Securities Corp acquired a new position in SpaceX during the 2nd quarter worth approximately $30,000. Marquette Asset Management LLC acquired a new position in SpaceX during the 2nd quarter worth approximately $32,000. Finally, Hickory Point Bank & Trust acquired a new position in SpaceX during the 3rd quarter worth approximately $30,000.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Google contract supports revenue visibility: Google is reportedly renting SpaceX computing capacity for approximately $920 million per month under a 33-month agreement potentially worth $30 billion. However, the full value is not guaranteed. Google Just Started Paying SpaceX $920 Million a Month
• Positive Sentiment: Starlink growth remains a key bullish argument: SpaceX reportedly added roughly 570,000 subscribers per month in the second quarter, reinforcing Starlink as the company’s profitable growth engine. Starlink Is Adding 570,000 Subscribers a Month
• Positive Sentiment: Analyst targets imply substantial upside: Morgan Stanley maintained an Overweight rating and a $300 target, while Raymond James reiterated a Strong Buy rating with an $800 target. These forecasts rely on major future growth in Starlink, AI infrastructure and space-based services. Morgan Stanley Sets SpaceX Stock Price Target
• Neutral Sentiment: Merger and wireless expansion speculation is adding volatility: A Barclays analyst reportedly sees a possible Tesla–SpaceX merger by December, but prediction markets are skeptical. Separately, SpaceX’s spectrum acquisition could enable Starlink Mobile, although analysts question whether the company can match terrestrial networks and generate material revenue before 2028. Analyst Sees Tesla-SpaceX Merger Coming
• Negative Sentiment: Starshield restrictions create reputational and political risk: Ukraine says new speed limits on military Starlink terminals disrupted drone operations. Musk attributed any restrictions to the U.S. government and ultimately President Trump, but the controversy could threaten government relationships and raise regulatory concerns. Elon Musk Says Trump Is Responsible for Starshield Curbs
• Negative Sentiment: Capital needs and valuation remain major concerns: SpaceX is reportedly seeking as much as $40 billion in new debt to fund AI, chips, orbital data centers and other projects. Investors are increasingly focused on cash burn, borrowing costs and whether the company’s roughly $2 trillion valuation can be justified by near-term earnings.

Wall Street Analysts Forecast Growth

SPCX has been the topic of several recent research reports. Sanford C. Bernstein reiterated a “buy” rating on shares of SpaceX in a report on Monday, September 28th. Moffett Nathanson boosted their price objective on SpaceX from $131.00 to $142.00 and gave the company a “neutral” rating in a report on Monday, September 14th. JPMorgan Chase & Co. restated a “buy” rating on shares of SpaceX in a report on Tuesday, August 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $235.00 target price on shares of SpaceX in a research report on Monday, September 28th. Finally, Piper Sandler cut their target price on SpaceX from $156.00 to $140.00 and set a “neutral” rating on the stock in a report on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, nine have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, SpaceX presently has an average rating of “Moderate Buy” and a consensus target price of $220.06.

SpaceX Stock Down 2.8%

SPCX stock opened at $152.16 on Thursday. SpaceX has a twelve month low of $104.83 and a twelve month high of $225.64. The company has a quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29. The firm has a 50 day moving average of $147.51. The company has a market capitalization of $2.01 trillion and a price-to-earnings ratio of -1,690.67.

SpaceX (NASDAQ:SPCX) last announced its 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. The business’s revenue was up 91.9% on a year-over-year basis. On average, equities research analysts anticipate that SpaceX will post 0.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

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 transaction, the chief operating officer directly owned 2,472,035 shares in the company, valued at approximately $379,630,414.95. This trade represents a 12.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX Company Profile

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 designed to reduce the cost of access to space and support commercial, government and scientific missions.

SpaceX’s primary products and services include the Falcon 9 and Falcon Heavy launch vehicles, the Dragon spacecraft and the Starlink satellite internet network. The company also is developing Starship, a fully reusable launch and spacecraft system intended for missions to Earth orbit, the Moon and Mars.