22,051 Shares in SpaceX $SPCX Bought by Heck Capital Advisors LLC

Heck Capital Advisors LLC acquired a new position in shares of SpaceX (NASDAQ:SPCX) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 22,051 shares of the company’s stock, valued at approximately $3,768,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. KERR FINANCIAL PLANNING Corp purchased a new stake in SpaceX in the 2nd quarter valued at approximately $566,000. Burkett Financial Services LLC purchased a new stake in shares of SpaceX during the 2nd quarter worth $70,000. Dogwood Wealth Management LLC acquired a new position in shares of SpaceX during the 2nd quarter worth $139,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of SpaceX in the second quarter valued at about $3,383,000. Finally, Apella Capital LLC acquired a new position in SpaceX during the second quarter worth about $452,000.

SpaceX Stock Performance

SpaceX stock opened at $133.29 on Wednesday. The company has a quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29. The firm has a 50 day moving average of $143.01. SpaceX has a 1 year low of $104.83 and a 1 year high of $225.64.

SpaceX (NASDAQ:SPCX) last issued its earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion during the quarter. The business’s revenue was up 91.9% on a year-over-year basis. Equities research analysts expect that SpaceX will post -0.15 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. The Goldman Sachs Group assumed coverage on SpaceX in a report on Tuesday, July 7th. They issued a “buy” rating and a $205.00 price target on the stock. KeyCorp reaffirmed a “sector weight” rating on shares of SpaceX in a research note on Tuesday, July 28th. Cantor Fitzgerald reissued an “overweight” rating and issued a $246.00 price objective on shares of SpaceX in a research note on Wednesday, August 5th. New Street Research raised shares of SpaceX to a “strong-buy” rating in a report on Thursday, June 11th. Finally, Guggenheim assumed coverage on SpaceX in a research note on Friday. They issued a “buy” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eight have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, SpaceX has a consensus rating of “Moderate Buy” and a consensus target price of $229.00.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Morgan Stanley maintained a $300 price target and outlined a $600 bull case if investors gain confidence in SpaceX’s AI strategy, including the planned Cursor acquisition and Grok-related opportunities. The valuation depends on substantial future AI revenue, making the target highly assumption-driven. Morgan Stanley $600 SpaceX price target
• Positive Sentiment: SpaceX reportedly secured approximately $8.1 billion in U.S. Space Force awards, including satellite-building, military data-network, and Falcon 9 launch contracts. The awards strengthen revenue visibility and expand the company’s defense footprint. SpaceX Space Force awards
• Positive Sentiment: A new 2027 launch agreement with Vietnam’s VinSpace adds an international customer and supports continued demand for SpaceX’s launch services. Vietnam launch contract
• Neutral Sentiment: Reported short interest was zero shares, suggesting the latest pullback was not driven by a large disclosed short position. The figure may reflect incomplete or unreliable data rather than an absence of bearish positioning.
• Negative Sentiment: Shares pulled back after rallying above the $135 IPO price, with coverage citing profit-taking, a broader risk-off market, and investor focus on a Falcon 9 launch. A launch scrub and the operational risks surrounding Starship add near-term volatility. Why SpaceX stock is pulling back
• Negative Sentiment: Investors remain concerned that SpaceX’s ambitious AI and infrastructure initiatives require heavy capital spending. Recent earnings showed revenue growth of 91.9% to $7.81 billion, but the company still reported a quarterly loss, while valuation screens suggest the stock already prices in significant future success. Retail investors also became net sellers for the first time since the IPO. SpaceX valuation and Morgan Stanley bull case

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.