Sapient Capital LLC Makes New $3.54 Million Investment in SpaceX $SPCX

Sapient Capital LLC bought a new stake in shares of SpaceX (NASDAQ:SPCX) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 23,473 shares of the company’s stock, valued at approximately $3,541,000.

Several other hedge funds have also bought and sold shares of the stock. SC US Ttgp LTD. bought a new position in shares of SpaceX during the 2nd quarter valued at about $20,933,621,000. Darsana Capital Partners LP bought a new stake in shares of SpaceX in the second quarter worth about $17,335,783,000. K5 Global Advisor LLC purchased a new stake in shares of SpaceX in the second quarter worth about $6,587,531,000. State Street Corp bought a new position in SpaceX during the second quarter valued at approximately $1,858,329,000. Finally, Dragoneer Investment Group LLC purchased a new position in SpaceX during the 2nd quarter valued at approximately $1,366,880,000.

Key Headlines Impacting SpaceX

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

Analyst Ratings Changes

SPCX has been the topic of several recent research reports. Evercore initiated coverage on SpaceX in a report on Tuesday, July 14th. They set an “outperform” rating and a $230.00 price objective on the stock. HSBC started coverage on shares of SpaceX in a research report on Thursday, July 23rd. They issued a “hold” rating and a $115.00 price target on the stock. William Blair reiterated an “outperform” rating on shares of SpaceX in a research report on Friday, September 11th. Cfra assumed coverage on shares of SpaceX in a research note on Friday, June 12th. They issued a “sell” rating and a $115.00 price objective for the company. Finally, Susquehanna boosted their target price on shares of SpaceX from $144.00 to $173.00 and gave the stock a “neutral” rating in a report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and six have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $219.77.

SpaceX Stock Performance

NASDAQ SPCX traded down $7.03 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 quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29. SpaceX has a 52-week low of $104.83 and a 52-week high of $225.64. The stock has a market capitalization of $2.12 trillion and a price-to-earnings ratio of -1,784.11. The business has a fifty day moving average price of $143.95.

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

Insider Activity

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the chief operating officer owned 2,472,035 shares in the company, valued at $379,630,414.95. The trade was a 12.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

SpaceX 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.