3,645 Shares in SpaceX $SPCX Bought by RFG Bristol Wealth Advisors LLC

09 Oct 2026, 21:02 by Amy Steele · The Cerbat Gem

RFG Bristol Wealth Advisors LLC acquired a new stake in SpaceX (NASDAQ:SPCX – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor acquired 3,645 shares of the company’s stock, valued at approximately $550,000.

Other large investors also recently modified their holdings of the company. SC US Ttgp LTD. bought a new position in SpaceX during the second quarter valued at $20,933,621,000. Darsana Capital Partners LP purchased a new position in shares of SpaceX in the second quarter worth about $17,335,783,000. K5 Global Advisor LLC bought a new stake in shares of SpaceX in the second quarter valued at approximately $6,587,531,000. State Street Corp purchased a new stake in shares of SpaceX during the 2nd quarter valued at approximately $1,858,329,000. Finally, Dragoneer Investment Group LLC purchased a new stake in shares of SpaceX during the 2nd quarter valued at approximately $1,366,880,000.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Wedbush started coverage on shares of SpaceX in a research note on Tuesday, June 30th. They issued an “outperform” rating and a $190.00 price objective for the company. DZ Bank began coverage on SpaceX in a report on Friday, August 21st. They issued a “sell” rating and a $100.00 price target for the company. Susquehanna lifted their price target on SpaceX from $144.00 to $173.00 and gave the company a “neutral” rating in a research report on Wednesday. KeyCorp reiterated a “sector weight” rating on shares of SpaceX in a research note on Tuesday, July 28th. Finally, New Street Research raised SpaceX to a “strong-buy” rating in a report on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $219.77.

Read Our Latest Report on SpaceX

SpaceX Stock Performance

NASDAQ SPCX traded up $2.00 on Friday, hitting $162.57. The stock had a trading volume of 92,626,626 shares, compared to its average volume of 102,444,141. The business has a 50-day moving average of $145.03. 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 has a 52-week low of $104.83 and a 52-week high of $225.64. The company has a market capitalization of $2.14 trillion and a P/E ratio of -1,806.33.

SpaceX (NASDAQ:SPCX – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) EPS for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion for the quarter. The firm’s revenue for the quarter was up 91.9% compared to the same quarter last year. As a group, research analysts anticipate that SpaceX will post 0.09 earnings per share for the current fiscal year.

Key SpaceX News

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: The spectrum purchase—reported at roughly $8 billion by some outlets, although the exact price was not disclosed—could give Starlink Mobile stronger coverage indoors and in dense urban areas where satellites are less effective. The deal also positions SpaceX to compete more directly with AT&T, Verizon and T-Mobile. SpaceX’s low-band spectrum deal gives Starlink Mobile a terrestrial foothold
Positive Sentiment: Analyst support added to the bullish reaction. Barclays initiated coverage with a Buy rating and a $254 target, while TD Cowen reaffirmed Buy with a $200 target; other analysts highlighted the hybrid satellite-and-terrestrial network strategy. Two Reasons SpaceX Stock Is Jumping Higher Today
Positive Sentiment: The FCC’s approval of up to 15,000 next-generation Starlink satellites strengthens the company’s long-term direct-to-device opportunity. Investors are also valuing SpaceX’s reported AI-computing demand and potential Nvidia chip purchases as additional growth engines. SpaceX Gets Green Light for 15,000 Starlink Satellites
Neutral Sentiment: The spectrum transaction remains subject to final FCC approval, and SpaceX still must invest heavily to build a terrestrial network, integrate services and attract wireless customers. The launch of Blue Origin as a future public-company competitor may also increase attention on the space sector. SpaceX Makes Big Play to Become a Wireless Carrier
Negative Sentiment: Up to approximately $51 billion of insider shares became eligible for sale, creating a potential supply overhang and volatility risk after the recent rally. SpaceX Insider Shares Unlock
Negative Sentiment: Reports that SpaceX may borrow $40 billion to purchase Nvidia chips continue to raise concerns about leverage, execution and the risk of spending aggressively on an unproven AI infrastructure business despite its substantial cash holdings. SpaceX in Talks to Raise $40 Billion in Loans

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 Profile

(Free Report)

Space Exploration Technologies Corp. (SpaceX) is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles, spacecraft and satellite systems designed to reduce the cost of access to space and support commercial, government and scientific missions.