MADDEN SECURITIES Corp Purchases 15,517 Shares of SpaceX $SPCX

MADDEN SECURITIES Corp raised its position in shares of SpaceX (NASDAQ:SPCX) by 67.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,353 shares of the company’s stock after buying an additional 15,517 shares during the period. SpaceX comprises about 1.5% of MADDEN SECURITIES Corp’s investment portfolio, making the stock its 20th biggest holding. MADDEN SECURITIES Corp’s holdings in SpaceX were worth $5,786,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SPCX. Latitude Advisors LLC bought a new stake in shares of SpaceX in the 3rd quarter worth approximately $142,000. Balance Wealth Partners LLC boosted its holdings in shares of SpaceX by 5.7% during the 3rd quarter. Balance Wealth Partners LLC now owns 2,261 shares of the company’s stock valued at $341,000 after buying an additional 121 shares in the last quarter. Foresight Capital Management Advisors Inc. purchased a new stake in shares of SpaceX in the 3rd quarter worth about $461,000. Roman Butler Fullerton & Co. increased its stake in shares of SpaceX by 14.4% in the 3rd quarter. Roman Butler Fullerton & Co. now owns 10,376 shares of the company’s stock worth $1,535,000 after acquiring an additional 1,308 shares in the last quarter. Finally, Oakworth Capital Inc. increased its stake in shares of SpaceX by 17.8% in the 3rd quarter. Oakworth Capital Inc. now owns 483 shares of the company’s stock worth $73,000 after acquiring an additional 73 shares in the last quarter.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

• Positive Sentiment: Strong earnings and AI growth support the stock. SpaceX reported $14.58 billion in third-quarter revenue, up 161% year over year, and $0.35 in EPS versus expectations of $0.10. Its AI-related “Super Intelligence” segment generated approximately $7.56 billion, more than half of total revenue. Is SpaceX Stock a Buy After Its Latest Earnings Report?
• Positive Sentiment: Analyst optimism increased. Bernstein raised its SpaceX price target to $268 from $248 and maintained an Outperform rating, citing AI infrastructure expansion and the longer-term possibility of orbital data centers. SpaceX stock rises, why analysts see more upside for the stock
• Positive Sentiment: Starlink continues adding commercial customers. An agreement to provide Starlink internet on easyJet flights reinforces the satellite network’s growth and monetization potential. SpaceX Stock Rises on Plans to Add Starlink Internet to easyJet Flights
• Neutral Sentiment: SpaceX secured approximately $40 billion in GPU financing through an Apollo-managed arrangement to acquire Nvidia chips and data-center equipment, with leases expected to begin in 2027. The funding accelerates AI capacity but adds significant long-term obligations. SpaceX locks in $40B GPU financing deal with Apollo
• Neutral Sentiment: Speculation over a potential Tesla-SpaceX combination remains a major valuation catalyst, but no transaction has been confirmed and independent committees are reviewing the idea. A merger could create operating synergies while also raising concerns about pricing, dilution and shareholder alignment. Elon Musk Reveals the Real Reason He Hasn’t Confirmed a SpaceX-Tesla Merger Will Happen
• Negative Sentiment: Financing and valuation risks remain elevated. SpaceX has filed a $3.42 billion shelf registration covering up to 23.6 million Class A shares, creating potential dilution. Analysts also question whether its heavy AI capital spending and valuation—reported at more than 60 times trailing sales—can be justified by future returns. Has Space Exploration Technologies Become Fully Valued Following Its Shelf Filing?
• Negative Sentiment: Legal and competitive concerns add uncertainty. Louisiana residents sued to unwind a SpaceX tax agreement, alleging violations of open-meeting requirements. Separately, Verizon executives estimate that competing directly in terrestrial wireless could require years and as much as $500 billion in infrastructure investment. Louisiana residents sue to unwind SpaceX tax deal

SpaceX Stock Up 1.1%

Shares of NASDAQ SPCX opened at $148.58 on Wednesday. SpaceX has a twelve month low of $104.83 and a twelve month high of $225.64. The stock has a 50 day moving average price of $149.43.

SpaceX (NASDAQ:SPCX) last posted its earnings results on Tuesday, October 20th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.25. The business had revenue of $14.57 billion during the quarter. The company’s quarterly revenue was up 161.4% on a year-over-year basis. During the same period last year, the firm posted ($0.36) earnings per share. Sell-side analysts expect that SpaceX will post 0.13 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on SPCX. CLSA started coverage on shares of SpaceX in a research note on Monday, September 28th. They set an “outperform” rating and a $250.00 price objective on the stock. Weiss Ratings assumed coverage on shares of SpaceX in a research note on Tuesday, September 1st. They set a “sell (d)” rating for the company. Wall Street Zen raised SpaceX from a “sell” rating to a “hold” rating in a research report on Saturday. Evercore restated an “outperform” rating and issued a $275.00 price target on shares of SpaceX in a research note on Friday, October 16th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of SpaceX in a report on Wednesday, October 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $244.97.

Insider Activity at SpaceX

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $153.57, for a total value of $52,547,046.90. Following the completion of the transaction, the chief operating officer 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

About SpaceX

Space Exploration Technologies Corp., commonly known as SpaceX, is a privately held aerospace company founded in 2002 by Elon Musk. The company develops and operates launch vehicles and spacecraft designed to reduce the cost of access to space and support commercial, government and scientific missions.

SpaceX’s principal products and services include the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft and the Starlink satellite communications network. Falcon rockets are used to launch satellites, cargo and crew, while Dragon spacecraft support transportation to and from low Earth orbit.