Rep. Daniel Meuser Purchases SpaceX (NASDAQ:SPCX) Stock

Representative Daniel Meuser (Republican-Pennsylvania) recently bought shares of SpaceX (NASDAQ:SPCX). In a filing disclosed on July 02nd, the Representative disclosed that they had bought between $15,001 and $50,000 in SpaceX stock on June 15th. The trade occurred in the Representative’s “SCHWAB DM BROKERAGE ACCOUNT” account.

Representative Daniel Meuser also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 5/27/2026.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/24/2026.

SpaceX Price Performance

Shares of SpaceX stock remained flat at $162.00 during trading on Friday. The company had a trading volume of 60,905,406 shares, compared to its average volume of 152,014,797. SpaceX has a twelve month low of $147.11 and a twelve month high of $225.64.

SpaceX (NASDAQ:SPCX) last released its earnings results on Thursday, May 7th. The company reported ($1.27) earnings per share for the quarter. The business had revenue of $4.69 billion during the quarter.

Analyst Ratings Changes

A number of brokerages have recently weighed in on SPCX. Oppenheimer lifted their price target on shares of SpaceX from $190.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. Zacks Research raised shares of SpaceX to a “hold” rating in a research report on Monday, June 15th. Morgan Stanley cut shares of SpaceX to a “negative” rating in a research report on Monday, June 22nd. Wells Fargo & Company raised shares of SpaceX to an “overweight” rating in a research note on Monday, June 22nd. Finally, Susquehanna began coverage on SpaceX in a research note on Tuesday, June 23rd. They issued a “neutral” rating and a $170.00 price target on the stock. Three research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $205.12.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in SpaceX stock. Burkett Financial Services LLC acquired a new position in shares of SpaceX (NASDAQ:SPCX) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 411 shares of the company’s stock, valued at approximately $70,000.

More SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: SpaceX is set to join the Nasdaq-100 on July 7, which could trigger index-fund buying and support demand for the stock. SpaceX Stock Is Joining the Nasdaq 100 Soon. What History Says Happens Next.
• Positive Sentiment: Analysts continue to point to upside for SpaceX, with new coverage and price targets suggesting the stock may still have room to run if growth accelerates. SpaceX Stock Price Forecast — Analysts See 30% Upside Ahead
• Positive Sentiment: Reports that SpaceX could disrupt telecom through Starlink, plus FCC moves to speed satellite licensing reviews, support the bullish case for faster commercialization. FCC Moves to Speed Satellite License Reviews, Boosting SpaceX and Rival Broadband Networks
• Neutral Sentiment: Congressional stock purchases in SpaceX are drawing attention and may increase trading interest, but the signal is more about scrutiny than fundamentals. First known congressional SpaceX stock buys surface after record IPO
• Negative Sentiment: Multiple articles warn that SpaceX’s valuation remains stretched, with critics calling it “catastrophic” and saying the stock could be vulnerable if growth does not quickly justify the price. SpaceX Stock Falls After Firm Calls Valuation ‘Catastrophic’
• Negative Sentiment: Short interest is rising sharply, showing that many traders are betting the post-IPO excitement will fade and that the stock may face more downside volatility. SpaceX Stock Price Forecast — Why Traders Are Shorting Despite a $760M Loss
• Negative Sentiment: Elon Musk denied reports that SpaceX is developing an AI handset, removing a speculative catalyst and adding to investor caution around the stock’s recent jump. SpaceX Stock (SPCX) Craters 7% as Musk Calls WSJ Al Device Report “Utterly False”

About Representative Meuser

Dan Meuser (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 9th Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Meuser (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 9th Congressional District. He declared candidacy for the 2026 election.

On October 22, 2023, Meuser announced he was running to replace Kevin McCarthy (R) as speaker of the U.S. House in the 118th Congress. On October 23, Meuser withdrew from the race.

Prior to joining Congress, Meuser served as the head of the Pennsylvania Department of Revenue from 2011 to 2015 under Gov. Tom Corbett (R). He also worked as the President of Pride Mobility Corporation, a motorized wheelchair manufacturer.

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.