Wisconsin Wealth Advisors LLC Makes New $929,000 Investment in SpaceX $SPCX

Wisconsin Wealth Advisors LLC bought a new position in shares of SpaceX (NASDAQ:SPCX) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,161 shares of the company’s stock, valued at approximately $929,000.

A number of other institutional investors have also modified their holdings of SPCX. Syntax Research Inc. acquired a new stake in SpaceX during the second quarter worth about $26,000. Atwood & Palmer Inc. bought a new stake in shares of SpaceX in the 2nd quarter worth approximately $29,000. PayPay Securities Corp bought a new position in SpaceX during the 2nd quarter worth $30,000. Hickory Point Bank & Trust acquired a new stake in SpaceX in the third quarter worth $30,000. Finally, Marquette Asset Management LLC acquired a new position in shares of SpaceX during the second quarter valued at $32,000.

Key SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: SpaceX plans to acquire spectrum that would support Starlink Mobile and has announced ambitions to become a major mobile carrier. The move could expand Starlink beyond satellite broadband into direct-to-device wireless services, although the strategy has drawn opposition from parts of the aerospace and telecom industries. SpaceX to acquire spectrum that enables Starlink Mobile services
• Positive Sentiment: American Airlines plans to install Starlink internet on more than 1,000 aircraft, providing another significant commercial customer and supporting recurring connectivity revenue. American Airlines to add Starlink internet
• Positive Sentiment: The FCC approved deployment of 15,000 additional Starlink satellites for mobile and direct-to-device service, while waiving a ground-provider leasing requirement. This improves SpaceX’s ability to scale its satellite network. FCC approval for additional Starlink satellites
• Positive Sentiment: SpaceX successfully completed NASA’s 237-day Crew-12 mission, reinforcing its operational track record. Analysts remain divided but bullish coverage includes Morgan Stanley’s maintained $300 price target and Goldman Sachs’ improved outlook. SpaceX completes NASA mission
• Neutral Sentiment: SpaceX’s AI-compute business is attracting demand from technology companies, including competitors of Grok, and a reported Google AI agreement could be worth as much as $29 billion. However, the size and durability of those future revenues remain uncertain. SpaceX Google AI agreement
• Negative Sentiment: The primary pressure is a reported plan to raise approximately $40 billion—about $10 billion in loans and $30 billion in bonds—to purchase Nvidia chips and expand AI data centers. Investors are concerned about leverage, capital intensity, chip obsolescence and whether AI cash flow will justify the investment. Financing for SpaceX Nvidia GPU purchase
• Negative Sentiment: Up to 328.4 million shares are scheduled to become eligible for sale on October 9. The potential increase in tradable supply is encouraging shareholders to lock in gains and is weighing on sentiment ahead of the unlock. SpaceX share unlock
• Negative Sentiment: Starlink’s launch in India remains delayed amid a public dispute involving Elon Musk and local telecom interests, creating regulatory and market-access uncertainty. Starlink India launch dispute

SpaceX Trading Down 4.2%

NASDAQ:SPCX traded down $7.03 during midday trading on Thursday, hitting $160.57. 69,930,755 shares of the stock were exchanged, compared to its average volume of 102,531,188. The company has a market cap of $2.12 trillion and a P/E ratio of -1,784.11. 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 one year low of $104.83 and a one year high of $225.64. The company’s 50-day moving average price is $143.95.

SpaceX (NASDAQ:SPCX) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.17. The firm had revenue of $7.81 billion for the quarter. The business’s revenue was up 91.9% compared to the same quarter last year. Sell-side analysts forecast that SpaceX will post 0.09 EPS for the current fiscal year.

Insider Activity at SpaceX

In related news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction that occurred on Tuesday, September 22nd. The shares were sold at an average price of $153.57, for a total transaction of $52,547,046.90. Following the transaction, the chief operating officer directly owned 2,472,035 shares of the company’s stock, valued at approximately $379,630,414.95. The trade was a 12.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

Several analysts recently weighed in on SPCX shares. Arete Research set a $450.00 price objective on shares of SpaceX in a research report on Tuesday, August 11th. Oppenheimer raised their price target on shares of SpaceX from $250.00 to $280.00 and gave the company an “outperform” rating in a research note on Wednesday, September 2nd. DZ Bank started coverage on SpaceX in a research report on Friday, August 21st. They set a “sell” rating and a $100.00 price objective for the company. Sanford C. Bernstein reissued a “buy” rating on shares of SpaceX in a report on Monday, September 28th. Finally, Mizuho began coverage on SpaceX in a research note on Tuesday, July 7th. They set an “outperform” rating and a $200.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $219.77.

SpaceX Company Profile

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.

SpaceX’s primary products and services include the Falcon 9 and Falcon Heavy launch vehicles, the Dragon spacecraft and the Starlink satellite internet network. The company also is developing Starship, a fully reusable launch and spacecraft system intended for missions to Earth orbit, the Moon and Mars.