9,776 Shares in SpaceX $SPCX Purchased by Rik Saylor Financial Inc.

Rik Saylor Financial Inc. acquired a new stake in SpaceX (NASDAQ:SPCX) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,776 shares of the company’s stock, valued at approximately $1,670,000. SpaceX accounts for 1.1% of Rik Saylor Financial Inc.’s holdings, making the stock its 29th largest holding.

A number of other large investors also recently made changes to their positions in SPCX. Syntax Research Inc. acquired a new position in shares of SpaceX in the 2nd quarter valued at $26,000. Atwood & Palmer Inc. acquired a new stake in shares of SpaceX in the 2nd quarter valued at approximately $29,000. Marquette Asset Management LLC acquired a new stake in shares of SpaceX in the 2nd quarter valued at approximately $32,000. Smallwood Wealth Investment Management LLC bought a new position in SpaceX during the 2nd quarter worth approximately $62,000. Finally, Orion Capital Management LLC acquired a new position in SpaceX during the second quarter valued at approximately $70,000.

SpaceX Price Performance

NASDAQ:SPCX opened at $149.74 on Friday. The company has a fifty day moving average of $136.26. The company has a debt-to-equity ratio of 0.29, a quick ratio of 4.99 and a current ratio of 5.12. The firm has a market capitalization of $1.96 trillion and a P/E ratio of -1,663.78. SpaceX has a one year low of $104.83 and a one year high of $225.64.

SpaceX (NASDAQ:SPCX) last announced 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 during the quarter. SpaceX’s revenue was up 91.9% on a year-over-year basis. As a group, equities research analysts expect that SpaceX will post -0.15 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on SPCX shares. Argus upgraded SpaceX from a “hold” rating to a “buy” rating and set a $160.00 price objective for the company in a research report on Friday, August 7th. JPMorgan Chase & Co. began coverage on shares of SpaceX in a research report on Tuesday, July 7th. They issued an “overweight” rating and a $225.00 price objective on the stock. Barclays raised SpaceX from an “underweight” rating to an “overweight” rating in a research note on Monday, June 22nd. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $246.00 price objective on shares of SpaceX in a research report on Wednesday, August 5th. Finally, Susquehanna downgraded SpaceX from a “neutral” rating to an “underperform” rating in a report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eight have assigned a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat.com, SpaceX currently has an average rating of “Moderate Buy” and a consensus price target of $221.20.

Key Headlines Impacting SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: AI expansion is the main bullish catalyst. Elon Musk said Google, Anthropic, and other technology companies are leasing SpaceX computing capacity because power availability is constraining the AI industry. Oppenheimer raised its price target to $280, citing stronger AI demand, rapidly expanding infrastructure, and improving compute economics. Oppenheimer SpaceX AI outlook
• Positive Sentiment: Analyst and options activity reinforced bullish sentiment. Bernstein reportedly set a $248 target, while one trader committed $10 million to a bet that SPCX will recover to $175 by January 2028. Investors also pointed to institutional put selling near previous lows as a potential sign of downside support. SpaceX options trade and price target
• Positive Sentiment: Starship provided a near-term event catalyst. Investors are positioning ahead of Starship Test 14, reportedly scheduled for September 15. A successful test could support the long-term launch, satellite, and space-infrastructure growth narrative. SpaceX rises ahead of Starship Test 14
• Neutral Sentiment: SpaceX returned to a roughly $2 trillion market valuation. The move reflects renewed analyst confidence and a broader technology-sector rebound, but the valuation makes the stock highly sensitive to execution and growth expectations. SpaceX returns to the $2 trillion club
• Negative Sentiment: Execution and capital-spending risks remain significant. Reports indicate reliability problems and a reshuffling of the AI data-center team as SpaceX approaches a September 30 deadline tied to Google’s large compute agreement. The company is also spending heavily on AI infrastructure while remaining GAAP-loss-making. SpaceX AI buildout and data-center delays
• Negative Sentiment: Valuation, leadership, and regulatory risks could limit further gains. Commentators highlighted SPCX’s extreme valuation, Elon Musk’s key-person risk, potential community opposition to data centers, and geopolitical tensions involving European space policy. SpaceX key-person risk

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.