SpaceX $SPCX Stock: Blue Zone Wealth Advisors LLC Boosts Position

Key Points

• Blue Zone Wealth Advisors significantly increased its SpaceX position by 10,143.9% during the third quarter, acquiring 229,557 additional shares. Its 231,820 shares were valued at approximately $35 million and represented 5.6% of the firm’s portfolio.
• Institutional interest remains mixed, while analysts maintain an overall “Moderate Buy” consensus with a $221.44 price target. SpaceX reported $7.81 billion in quarterly revenue, up 91.9% year over year, and beat earnings expectations.
• Investors are focused on upcoming earnings, Starlink and AI growth, and increased Starship launch activity, but high capital spending, execution risks, valuation uncertainty and insider selling could contribute to stock volatility.

Blue Zone Wealth Advisors LLC raised its position in shares of SpaceX (NASDAQ:SPCX - Free Report) by 10,143.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 231,820 shares of the company's stock after purchasing an additional 229,557 shares during the period. SpaceX accounts for approximately 5.6% of Blue Zone Wealth Advisors LLC's portfolio, making the stock its 6th largest holding. Blue Zone Wealth Advisors LLC's holdings in SpaceX were worth $34,972,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of SPCX. Maia Wealth LLC bought a new position in shares of SpaceX during the 3rd quarter worth $2,037,000. Ridgecrest Wealth Partners LLC increased its holdings in SpaceX by 139.5% in the 3rd quarter. Ridgecrest Wealth Partners LLC now owns 2,838 shares of the company's stock worth $428,000 after acquiring an additional 1,653 shares during the last quarter. Sterling Investment Counsel LLC bought a new stake in SpaceX in the 3rd quarter valued at about $513,000. Yarbrough Capital LLC bought a new stake in SpaceX in the 3rd quarter valued at about $41,009,000. Finally, Fairvoy Private Wealth LLC purchased a new stake in SpaceX during the third quarter valued at about $1,133,000.

Wall Street Analysts Forecast Growth

SPCX has been the subject of a number of research reports. Wall Street Zen lowered shares of SpaceX from a "hold" rating to a "sell" rating in a research report on Saturday, October 3rd. Evercore reissued an "outperform" rating and issued a $275.00 price target on shares of SpaceX in a research report on Friday. Citigroup cut shares of SpaceX from a "buy" rating to a "sell" rating in a research note on Friday, August 7th. KeyCorp reaffirmed a "sector weight" rating on shares of SpaceX in a report on Tuesday, July 28th. Finally, Seaport Research Partners lowered shares of SpaceX from a "buy" rating to a "neutral" rating in a research note on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, nine have issued a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $221.44.

SpaceX Stock Performance

SPCX stock opened at $147.96 on Tuesday. The company has a 50 day moving average price of $148.63. The company has a debt-to-equity ratio of 0.29, a current ratio of 5.12 and a quick ratio of 4.99. SpaceX has a 12 month low of $104.83 and a 12 month high of $225.64.

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, topping analysts' consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion for the quarter. The business's revenue for the quarter was up 91.9% on a year-over-year basis. On average, analysts anticipate that SpaceX will post 0.07 earnings per share for the current fiscal year.

Key SpaceX News

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

Insider Transactions at SpaceX

In related news, COO Gwynne Shotwell sold 342,170 shares of the business's stock in a transaction dated 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 completion of the transaction, the chief operating officer directly owned 2,472,035 shares in the company, valued at $379,630,414.95. The trade was a 12.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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.

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