Quantum Financial Partners LLC Makes New Investment in SpaceX $SPCX

Quantum Financial Partners LLC acquired a new position in shares of SpaceX (NASDAQ:SPCX) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 4,580 shares of the company’s stock, valued at approximately $691,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SPCX. James T. Borello RIA lifted its stake in shares of SpaceX by 41.4% during the third quarter. James T. Borello RIA now owns 246 shares of the company’s stock valued at $37,000 after buying an additional 72 shares during the period. Downshift Financial LLC lifted its holdings in SpaceX by 25.7% during the 3rd quarter. Downshift Financial LLC now owns 553 shares of the company’s stock worth $83,000 after buying an additional 113 shares during the last quarter. Decision Investments Inc. grew its position in shares of SpaceX by 10.7% during the 3rd quarter. Decision Investments Inc. now owns 1,443 shares of the company’s stock valued at $218,000 after buying an additional 139 shares during the last quarter. Worthington Financial Partners LLC lifted its stake in 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 during the last quarter. Finally, Syntax Research Inc. bought a new position in SpaceX in the 2nd quarter worth approximately $26,000.

SpaceX Stock Up 1.8%

Shares of SPCX traded up $2.61 during trading hours on Monday, reaching $148.64. The stock had a trading volume of 46,634,554 shares, compared to its average volume of 100,452,656. The company has a market cap of $1.96 trillion and a P/E ratio of -1,646.97. The company’s 50-day moving average is $148.44. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64. The company has a current ratio of 5.12, a quick ratio of 4.99 and a debt-to-equity ratio of 0.29.

SpaceX (NASDAQ:SPCX) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion for the quarter. The firm’s quarterly revenue was up 91.9% compared to the same quarter last year. As a group, equities analysts expect that SpaceX will post 0.07 earnings per share for the current year.

Key Headlines Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Analysts remain constructive on SpaceX’s long-term growth. Bernstein reaffirmed a Buy rating and a $248 price target, while other coverage points to Starlink’s operating profits and the company’s expanding AI opportunity as major sources of potential upside. Bernstein sets SpaceX stock price target
• Positive Sentiment: SpaceX’s proposed acquisition of approximately $8 billion of 800 MHz spectrum could expand Starlink Mobile’s reach into indoor and direct-to-device wireless services. The initiative increases the company’s addressable market and intensifies its challenge to traditional carriers, although regulatory approval remains necessary. SpaceX Is Buying Airwaves to Take On the Wireless Carriers
• Neutral Sentiment: CEO Elon Musk said he plans to give one SpaceX share to every U.S. child next year—potentially covering roughly 70 million children and representing more than $10 billion at recent prices. The pledge generated attention and may broaden public ownership, but details on eligibility, custody and funding have not been provided. Elon Musk says he’ll give one share to every child
• Neutral Sentiment: Speculation about a SpaceX-Tesla combination continues, with RBC modeling a transaction that could value Tesla at $480 per share. The potential merger could create strategic synergies around AI, autonomy and infrastructure, but no deal has been announced and analysts note that financing, governance and regulatory hurdles would be substantial. SpaceX, Tesla earnings to test Musk’s AI spending ambitions
• Negative Sentiment: The earnings setup is the principal near-term risk. Analysts expect approximately $12.9 billion of revenue and $0.14 in earnings per share, while some research warns that contract timing could produce a miss. Investors will also scrutinize Starlink cash flow and potentially much higher 2027 capital expenditures, which could pressure the stock even if revenue growth remains strong. SpaceX Q3 Earnings Preview
• Negative Sentiment: A Bulgarian court approved arrest warrants for two Germans over a fire involving Starlink equipment. The incident appears isolated, but it adds regulatory and reputational noise around SpaceX’s satellite-internet business. Bulgarian court approves arrest warrant

Analyst Ratings Changes

SPCX has been the topic of several recent research reports. CLSA started coverage on shares of SpaceX in a research report on Monday, September 28th. They issued an “outperform” rating and a $250.00 price target on the stock. DZ Bank assumed 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. Seaport Research Partners downgraded shares of SpaceX from a “buy” rating to a “neutral” rating in a research note on Friday, August 7th. Citigroup lowered shares of SpaceX from a “buy” rating to a “sell” rating in a report on Friday, August 7th. Finally, Stifel Nicolaus assumed coverage on SpaceX in a report on Tuesday, July 7th. They set a “buy” rating and a $190.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have assigned a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $221.44.

Insiders Place Their Bets

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $153.57, for a total value of $52,547,046.90. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX Company 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.