Rep. Maria Elvira Salazar Acquires Shares of SpaceX (NASDAQ:SPCX)

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of SpaceX (NASDAQ:SPCX). In a filing disclosed on September 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in SpaceX stock on August 12th. The trade occurred in the Representative’s “UBS BROKERAGE ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 8/24/2026.
• Sold $1,001 – $15,000 in shares of Moderna (NASDAQ:MRNA) on 8/19/2026.
• Purchased $1,001 – $15,000 in shares of Moderna (NASDAQ:MRNA) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Qualcomm (NASDAQ:QCOM) on 8/19/2026.
• Purchased $15,001 – $50,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 8/19/2026.
• Sold $15,001 – $50,000 in shares of Chubb (NYSE:CB) on 8/19/2026.
• Sold $1,001 – $15,000 in shares of Qualcomm (NASDAQ:QCOM) on 8/12/2026.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 8/7/2026.
• Purchased $1,001 – $15,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 7/28/2026.
• Purchased $15,001 – $50,000 in shares of Berkshire Hathaway (NYSE:BRK.B) on 7/28/2026.

SpaceX Stock Up 2.0%

SPCX stock traded up $3.03 during midday trading on Friday, reaching $151.21. The stock had a trading volume of 78,854,370 shares, compared to its average volume of 76,009,888. The company has a market capitalization of $1.98 trillion and a price-to-earnings ratio of -1,680.11. SpaceX has a twelve month low of $104.83 and a twelve month high of $225.64. The company has a current ratio of 5.12, a quick ratio of 4.99 and a debt-to-equity ratio of 0.29. The business’s fifty day moving average price is $134.79.

SpaceX (NASDAQ:SPCX) last released its earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.17. The business had revenue of $7.81 billion for the quarter. The business’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 fiscal year.

Key Headlines Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: SpaceX CFO Bret Johnsen disclosed a new AI-computing agreement worth approximately $1.11 billion per month, or more than $13 billion in annual recurring revenue, beginning December 1. The contract strengthens management’s case for reaching its $100 billion annual recurring-revenue target. SpaceX Closes $1.11 Billion-a-Month Compute Deal
• Positive Sentiment: Management expects Starship Flight 14 to generate revenue for the first time later this month, with the mission carrying production Starlink satellites. A successful revenue flight would mark progress from demonstrations toward a commercial launch business. Starship Revenue Flight 14
• Positive Sentiment: Goldman Sachs reaffirmed a Buy rating and $220 price target, citing accelerating AI, Starship and Starlink growth. William Blair also maintained a bullish view tied to multibillion-dollar SpaceX AI contracts. Goldman Sachs Reaffirms Buy Rating
• Positive Sentiment: Britain’s confirmation that it uses SpaceX’s military satellite network, alongside a reported Starshield contract and a successful Space Force launch, supports demand for the company’s government and defense services. Britain Uses SpaceX Military Network
• Neutral Sentiment: SpaceX is reportedly reconsidering the pace and structure of its AI data-center buildout. A more efficient strategy could improve returns, but slower expansion could delay projected AI revenue growth. SpaceX Data-Center Buildout Report
• Negative Sentiment: A 319-million-share lockup release has increased potential selling pressure, with additional shares reportedly scheduled to become tradable. SpaceX Lockup Release
• Negative Sentiment: Some analysts and commentators warn that SpaceX’s valuation—reported at roughly 98 times sales—leaves little room for execution errors. Isar Aerospace’s successful orbital launch also highlights rising European competition. Isar Aerospace Reaches Orbit
• Negative Sentiment: SpaceX’s lawsuit seeking to keep Texas Terafab tax-break records private may create reputational and regulatory concerns around its AI infrastructure expansion. SpaceX Terafab Records Lawsuit

Institutional Investors Weigh In On SpaceX

Hedge funds have recently modified their holdings of the business. Bullseye Investment Management LLC bought a new position in shares of SpaceX during the 2nd quarter valued at about $674,000. Smith Chas P & Associates PA Cpas acquired a new position in shares of SpaceX in the 2nd quarter valued at approximately $307,000. Talon Private Wealth LLC bought a new stake in SpaceX during the 2nd quarter worth approximately $487,000. Miramontes Capital LLC bought a new stake in SpaceX during the 2nd quarter worth approximately $786,000. Finally, Core Capital Management & Research inc. acquired a new stake in SpaceX during the 2nd quarter worth approximately $145,000.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Canaccord Genuity Group initiated coverage on SpaceX in a report on Tuesday, July 7th. They set a “buy” rating and a $246.00 target price on the stock. Oppenheimer increased their price target on shares of SpaceX from $250.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Wolfe Research reissued an “outperform” rating and set a $175.00 price objective on shares of SpaceX in a research note on Wednesday, August 26th. Wedbush began coverage on shares of SpaceX in a report on Tuesday, June 30th. They set an “outperform” rating and a $190.00 price objective for the company. Finally, Cfra began coverage on shares of SpaceX in a report on Friday, June 12th. They issued a “sell” rating and a $115.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have issued a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, SpaceX has a consensus rating of “Moderate Buy” and a consensus target price of $221.06.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

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, serving commercial, government and scientific customers.

SpaceX’s principal products include the Falcon 9 and Falcon Heavy rockets, which are used to launch satellites, spacecraft and other payloads into orbit. The company also develops the Dragon spacecraft, which supports cargo and crew missions to low Earth orbit, including missions for NASA and other customers.

Through its Starlink business, SpaceX operates a large constellation of low Earth orbit satellites that provides broadband internet service to customers in numerous countries and regions.