Maia Wealth LLC Makes New Investment in SpaceX $SPCX

Key Points

• Maia Wealth LLC acquired 13,503 SpaceX shares during the third quarter, valued at approximately $2.04 million. Several other institutional investors also initiated or increased positions, including Hyperion Asset Management’s roughly $201 million investment.
• SpaceX shares opened at $147.96, with a market capitalization of about $1.95 trillion. The company’s latest quarterly revenue rose 91.9% year over year to $7.81 billion, while adjusted earnings exceeded analyst expectations.
• Analyst sentiment remains positive overall, with SpaceX holding a “Moderate Buy” consensus rating and an average price target of $221.44. However, COO Gwynne Shotwell sold approximately $52.5 million in shares, and investors continue to monitor valuation, capital-spending and execution risks.

Maia Wealth LLC bought a new position in shares of SpaceX (NASDAQ:SPCX - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 13,503 shares of the company's stock, valued at approximately $2,037,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Viking Fund Management LLC acquired a new stake in shares of SpaceX in the third quarter valued at about $1,358,000. Wedbush Securities Inc. acquired a new position in SpaceX during the second quarter worth about $5,094,000. Avior Wealth Management LLC acquired a new position in SpaceX during the third quarter worth about $2,934,000. Apella Capital LLC grew its position in SpaceX by 218.2% during the third quarter. Apella Capital LLC now owns 8,424 shares of the company's stock worth $1,412,000 after buying an additional 5,777 shares during the period. Finally, Hyperion Asset Management Ltd purchased a new position in SpaceX in the second quarter valued at about $201,137,000.

SpaceX Stock Up 1.3%

SpaceX stock opened at $147.96 on Tuesday. The stock has a market cap of $1.95 trillion and a price-to-earnings ratio of -1,644.00. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64. The stock has a 50-day simple moving average of $148.63. The company has a quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29.

SpaceX (NASDAQ:SPCX - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share for the quarter, beating the consensus estimate of ($0.26) by $0.17. The business 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. On average, research analysts expect that SpaceX will post 0.07 EPS for the current fiscal year.

Insider Activity

In other news, COO Gwynne Shotwell sold 342,170 shares of the 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 in the company, valued at $379,630,414.95. This 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 is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

SPCX has been the subject of a number of research reports. William Blair reiterated an "outperform" rating on shares of SpaceX in a research report on Friday, October 9th. Wolfe Research reissued an "outperform" rating and set a $175.00 price target on shares of SpaceX in a research note on Wednesday, August 26th. Piper Sandler lowered their price target on SpaceX from $156.00 to $140.00 and set a "neutral" rating on the stock in a report on Wednesday, August 5th. HSBC initiated coverage on SpaceX in a research note on Thursday, July 23rd. They issued a "hold" rating and a $115.00 price objective for the company. Finally, Roth Capital raised SpaceX to a "buy" rating in a report on Monday, June 22nd. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, nine have given a Hold rating and five have issued a Sell rating to the company's stock. According to data from MarketBeat, SpaceX currently has an average rating of "Moderate Buy" and an average price target of $221.44.

Key Stories Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Musk pledges shares to U.S. children: Musk said he plans to give one of his SpaceX shares to every American child next year—potentially covering roughly 73 million children and representing more than $10 billion at recent prices. The pledge generated significant publicity and may broaden public awareness and future investor interest in SpaceX. Because the shares would reportedly come from Musk personally, the proposal would not necessarily dilute existing SPCX shareholders, although eligibility, timing, custody and tax details remain unclear. Elon Musk says he'll give a SpaceX share to every child in America next year
• Positive Sentiment: Earnings anticipation: SpaceX is scheduled to report third-quarter results after the market close on October 20. Analysts reportedly expect approximately $12.9 billion in revenue and $0.14 in earnings per share, while options markets imply a potentially large post-earnings move. Investors will focus on Starlink cash flow, AI-computing revenue, launch activity and management’s spending plans. SpaceX Q3 earnings preview
• Neutral Sentiment: Growth investments remain in focus: SpaceX is seeking approval to substantially increase Starship launch activity and plans a 32-mile natural-gas pipeline serving its Florida facilities. These projects could support higher launch volume and reduce logistics costs, but they also reinforce concerns about heavy capital spending.
• Neutral Sentiment: Analyst support: Bernstein reiterated a Buy rating and a $248 price target, implying substantial upside from recent levels. However, estimates vary widely because SpaceX’s valuation increasingly depends on Starlink and AI rather than rocket launches alone. Bernstein sets SpaceX stock price target
• Negative Sentiment: Execution and valuation risks: Analysts warn that AI expansion carries substantial costs, while a revenue miss or higher-than-expected 2027 capital expenditures could pressure the stock after earnings. Insider-share lockup releases and uncertainty surrounding the proposed giveaway may also increase supply and volatility. SpaceX earnings will be all about AI

About SpaceX

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.

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