5,101 Shares of SpaceX $SPCX Bought by 55 North Private Wealth LLC

20 Oct 2026, 19:50 by Michael Walen · The Markets Daily

55 North Private Wealth LLC purchased a new position in shares of SpaceX (NASDAQ:SPCX – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 5,101 shares of the company’s stock, valued at approximately $770,000.

Several other large investors have also recently added to or reduced their stakes in SPCX. James T. Borello RIA lifted its position in SpaceX by 41.4% in the third quarter. James T. Borello RIA now owns 246 shares of the company’s stock valued at $37,000 after purchasing an additional 72 shares during the period. Downshift Financial LLC increased its position in SpaceX by 25.7% during the 3rd quarter. Downshift Financial LLC now owns 553 shares of the company’s stock worth $83,000 after purchasing an additional 113 shares during the period. Decision Investments Inc. increased its position in SpaceX by 10.7% during the 3rd quarter. Decision Investments Inc. now owns 1,443 shares of the company’s stock worth $218,000 after purchasing an additional 139 shares during the period. Worthington Financial Partners LLC raised its stake in shares of SpaceX by 3.0% during the 3rd quarter. Worthington Financial Partners LLC now owns 4,883 shares of the company’s stock worth $737,000 after buying an additional 142 shares in the last quarter. Finally, Syntax Research Inc. purchased a new position in shares of SpaceX during the 2nd quarter worth approximately $26,000.

SpaceX Stock Performance

SPCX stock traded down $0.53 during midday trading on Tuesday, hitting $147.43. 49,147,722 shares of the stock were exchanged, compared to its average volume of 100,185,781. The stock’s 50-day moving average is $148.63. The company has a debt-to-equity ratio of 0.29, a quick ratio of 4.99 and a current ratio of 5.12. The stock has a market capitalization of $1.94 trillion and a PE ratio of -1,639.78. SpaceX has a fifty-two week low of $104.83 and a fifty-two week 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, beating the consensus estimate of ($0.26) by $0.17. The firm had revenue of $7.81 billion during the quarter. The company’s revenue for the quarter was up 91.9% on a year-over-year basis. Research analysts anticipate that SpaceX will post 0.07 EPS for the current year.

Analyst Ratings Changes

SPCX has been the subject of several recent analyst reports. Stifel Nicolaus started coverage on SpaceX in a report on Tuesday, July 7th. They issued a “buy” rating and a $190.00 price target for the company. KeyCorp reaffirmed a “sector weight” rating on shares of SpaceX in a report on Tuesday, July 28th. Canaccord Genuity Group started coverage on SpaceX in a research report on Tuesday, July 7th. They issued a “buy” rating and a $246.00 price objective for the company. Wells Fargo & Company reduced their target price on SpaceX from $215.00 to $212.00 and set an “overweight” rating for the company in a report on Tuesday, September 8th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of SpaceX in a research report on Monday. Three 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 MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $221.44.

Check Out Our Latest Research Report on SpaceX

Insider Buying and Selling

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the stock in a transaction on 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 sale, the chief operating officer owned 2,472,035 shares in the company, valued at approximately $379,630,414.95. This represents a 12.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: Analysts expect approximately $12.9 billion in third-quarter revenue and $0.14 in earnings per share. Investors are focused on whether Starlink growth, satellite services and AI-computing revenue can support SpaceX’s expansion. SpaceX Q3 Earnings Preview
Positive Sentiment: Morgan Stanley’s Adam Jonas said a successful Starship mid-air catch could unlock additional valuation upside, although he also flagged potential debt issuance. Starship progress, orbital refueling and lunar-lander development are key investor questions. Starship Catch Could Unlock Valuation Upside
Positive Sentiment: SpaceX successfully launched the Bandwagon-5 rideshare mission carrying dozens of payloads, reinforcing its launch cadence and commercial space position. SpaceX Bandwagon-5 Launch
Positive Sentiment: Longer-term optimism remains strong: Bernstein reiterated a Buy rating with a $248 price target, while analysts continue to cite Starlink’s expansion and AI data-center demand as potential growth drivers. Bernstein Sets SpaceX Price Target
Neutral Sentiment: Options markets imply roughly a 6% to 8% post-earnings move, signaling unusually high uncertainty rather than a clear directional view. Options Traders’ SpaceX Earnings Expectations
Neutral Sentiment: Speculation about a Tesla–SpaceX merger continues, but no transaction has been announced. Musk’s pledge to give a SpaceX share to every U.S. child also lacks eligibility, funding and distribution details, limiting its immediate financial significance. SpaceX and Tesla Earnings
Negative Sentiment: Investors worry that AI-computing revenue may come with heavy capital expenditures, financing needs and weaker near-term profitability. Higher 2027 spending guidance or additional borrowing could pressure SPCX. SpaceX Earnings and Financing Needs
Negative Sentiment: More than one billion shares are expected to become eligible for sale after the quarterly update, creating an overhang and adding to near-term volatility. SpaceX Lockup Expiration

SpaceX Profile

(Free Report)

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.