9,714 SpaceX $SPCX Shares Purchased by Victory Financial Group LLC

Victory Financial Group LLC grew its position in shares of SpaceX (NASDAQ:SPCX) by 161.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 15,716 shares of the company’s stock after acquiring an additional 9,714 shares during the period. Victory Financial Group LLC’s holdings in SpaceX were worth $2,371,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Syntax Research Inc. acquired a new position in shares of SpaceX in the 2nd quarter valued at about $26,000. Atwood & Palmer Inc. purchased a new stake in shares of SpaceX during the 2nd quarter worth about $29,000. PayPay Securities Corp purchased a new stake in shares of SpaceX during the 2nd quarter worth about $30,000. Hickory Point Bank & Trust acquired a new stake in SpaceX during the 3rd quarter worth approximately $30,000. Finally, Maryland Capital Advisors Inc. acquired a new stake in SpaceX during the 3rd quarter worth approximately $30,000.

Insider Transactions at SpaceX

In other news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction on Tuesday, September 22nd. The shares were 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 of the company’s stock, valued at approximately $379,630,414.95. The trade was a 12.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

Several research analysts recently commented on SPCX shares. CLSA began coverage on shares of SpaceX in a report on Monday, September 28th. They issued an “outperform” rating and a $250.00 price target on the stock. DZ Bank started coverage on shares of SpaceX in a research note on Friday, August 21st. They set a “sell” rating and a $100.00 price objective for the company. Royal Bank Of Canada reissued an “outperform” rating on shares of SpaceX in a research report on Monday, October 19th. Guggenheim began coverage on shares of SpaceX in a research note on Friday, August 7th. They issued a “buy” rating on the stock. Finally, Clear Str upgraded shares of SpaceX to a “strong-buy” rating in a report on Tuesday, July 7th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $244.97.

SpaceX Trading Up 1.1%

Shares of NASDAQ:SPCX opened at $148.58 on Wednesday. SpaceX has a one year low of $104.83 and a one year high of $225.64. The company’s 50-day moving average is $149.43.

SpaceX (NASDAQ:SPCX) last released its quarterly earnings results on Tuesday, October 20th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.10 by $0.25. The company had revenue of $14.57 billion for the quarter. The business’s quarterly revenue was up 161.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.36) earnings per share. On average, equities analysts forecast that SpaceX will post 0.13 earnings per share for the current year.

Key Stories Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Strong earnings and AI growth support the stock. SpaceX reported $14.58 billion in third-quarter revenue, up 161% year over year, and $0.35 in EPS versus expectations of $0.10. Its AI-related “Super Intelligence” segment generated approximately $7.56 billion, more than half of total revenue. Is SpaceX Stock a Buy After Its Latest Earnings Report?
• Positive Sentiment: Analyst optimism increased. Bernstein raised its SpaceX price target to $268 from $248 and maintained an Outperform rating, citing AI infrastructure expansion and the longer-term possibility of orbital data centers. SpaceX stock rises, why analysts see more upside for the stock
• Positive Sentiment: Starlink continues adding commercial customers. An agreement to provide Starlink internet on easyJet flights reinforces the satellite network’s growth and monetization potential. SpaceX Stock Rises on Plans to Add Starlink Internet to easyJet Flights
• Neutral Sentiment: SpaceX secured approximately $40 billion in GPU financing through an Apollo-managed arrangement to acquire Nvidia chips and data-center equipment, with leases expected to begin in 2027. The funding accelerates AI capacity but adds significant long-term obligations. SpaceX locks in $40B GPU financing deal with Apollo
• Neutral Sentiment: Speculation over a potential Tesla-SpaceX combination remains a major valuation catalyst, but no transaction has been confirmed and independent committees are reviewing the idea. A merger could create operating synergies while also raising concerns about pricing, dilution and shareholder alignment. Elon Musk Reveals the Real Reason He Hasn’t Confirmed a SpaceX-Tesla Merger Will Happen
• Negative Sentiment: Financing and valuation risks remain elevated. SpaceX has filed a $3.42 billion shelf registration covering up to 23.6 million Class A shares, creating potential dilution. Analysts also question whether its heavy AI capital spending and valuation—reported at more than 60 times trailing sales—can be justified by future returns. Has Space Exploration Technologies Become Fully Valued Following Its Shelf Filing?
• Negative Sentiment: Legal and competitive concerns add uncertainty. Louisiana residents sued to unwind a SpaceX tax agreement, alleging violations of open-meeting requirements. Separately, Verizon executives estimate that competing directly in terrestrial wireless could require years and as much as $500 billion in infrastructure investment. Louisiana residents sue to unwind SpaceX tax deal

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.