Value Aligned Research Advisors LLC Invests $100.76 Million in SpaceX $SPCX

Value Aligned Research Advisors LLC bought a new stake in SpaceX (NASDAQ:SPCX) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 589,723 shares of the company’s stock, valued at approximately $100,760,000.

Other large investors also recently modified their holdings of the company. Hyperion Asset Management Ltd purchased a new position in SpaceX in the second quarter valued at approximately $201,137,000. Tema ETFs LLC purchased a new stake in SpaceX during the second quarter worth approximately $32,037,000. Montanova Capital LLC acquired a new stake in shares of SpaceX in the second quarter worth $17,291,000. Concurrent Investment Advisors LLC purchased a new position in shares of SpaceX in the 2nd quarter valued at $8,613,000. Finally, Proficio Capital Partners LLC purchased a new position in shares of SpaceX in the 2nd quarter valued at $8,120,000.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. KeyCorp reiterated a “sector weight” rating on shares of SpaceX in a report on Tuesday, July 28th. Deutsche Bank Aktiengesellschaft began coverage on SpaceX in a research note on Tuesday, July 7th. They issued a “buy” rating and a $255.00 target price for the company. Cfra began coverage on shares of SpaceX in a research note on Friday, June 12th. They set a “sell” rating and a $115.00 price objective on the stock. Piper Sandler lowered their price target on shares of SpaceX from $156.00 to $140.00 and set a “neutral” rating for the company in a report on Wednesday, August 5th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $250.00 price objective on shares of SpaceX in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eight have given a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $221.20.

SpaceX Stock Performance

Shares of SpaceX stock opened at $147.95 on Friday. The firm has a market cap of $1.93 trillion and a price-to-earnings ratio of -1,643.89. The firm has a 50-day moving average of $136.15. The company has a current ratio of 5.12, a quick ratio of 4.99 and a debt-to-equity ratio of 0.29. SpaceX has a 1 year low of $104.83 and a 1 year high of $225.64.

SpaceX (NASDAQ:SPCX) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.17. The firm had revenue of $7.81 billion during the quarter. SpaceX’s quarterly revenue was up 91.9% compared to the same quarter last year. On average, equities analysts predict that SpaceX will post -0.15 earnings per share for the current year.

Key SpaceX News

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Investor optimism remains high ahead of a planned Labor Day weekend Falcon 9 launch from Vandenberg. A successful mission would reinforce SpaceX’s launch reliability and market leadership. SpaceX Labor Day weekend rocket launch
• Positive Sentiment: Recent earnings continue to provide a fundamental underpinning: revenue rose roughly 92% year over year to $7.8 billion, while Starlink subscriber growth, connectivity demand and expanding AI-compute revenue fueled bullish views. Some analysts believe SpaceX’s AI infrastructure could become a major long-term growth engine. SpaceX market capitalization and growth outlook
• Positive Sentiment: A reported $10 million bullish options position betting on a recovery toward $175, along with bullish analyst targets, signals continued institutional and speculative interest in SPCX. SpaceX bullish options bet
• Neutral Sentiment: Starship Test 14 is approaching, reportedly with a potential launch window in mid-September. The event could be a meaningful catalyst, but investors are also focused on the risk of delays or another unsuccessful test. SpaceX Starship Test 14
• Negative Sentiment: The Sept. 9 share unlock is the most immediate overhang. Newly eligible insider and early-investor shares could increase supply and create selling pressure after the recent rally. SpaceX share unlock
• Negative Sentiment: Valuation and capital intensity remain significant risks. SpaceX reportedly spent $18.4 billion in one quarter, including $15.8 billion on AI, while remaining GAAP-loss-making. Critics argue that much of the company’s future success is already reflected in its multitrillion-dollar valuation. SpaceX valuation and capital spending analysis

SpaceX Company Profile

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.