Walser Wealth Management Company A Ltd Liability Co Acquires New Stake in SpaceX $SPCX

16 Oct 2026, 10:49 by Danessa Lincoln · The Markets Daily

Walser Wealth Management Company A Ltd Liability Co bought a new stake in SpaceX (NASDAQ:SPCX – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,136 shares of the company’s stock, valued at approximately $624,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. R2 Capital Strategies LLC grew its position in shares of SpaceX by 12.3% during the third quarter. R2 Capital Strategies LLC now owns 10,053 shares of the company’s stock worth $1,517,000 after buying an additional 1,098 shares in the last quarter. Fortitude Advisory Group L.L.C. raised its holdings in SpaceX by 28.2% in the third quarter. Fortitude Advisory Group L.L.C. now owns 2,289 shares of the company’s stock valued at $345,000 after acquiring an additional 503 shares in the last quarter. AdvisorNet Financial Inc raised its holdings in SpaceX by 831.8% in the third quarter. AdvisorNet Financial Inc now owns 15,328 shares of the company’s stock valued at $2,332,000 after acquiring an additional 13,683 shares in the last quarter. Harrell Investment Partners LLC acquired a new stake in SpaceX in the third quarter valued at $253,000. Finally, Blueline Advisors LLC boosted its stake in SpaceX by 4,463.6% during the 3rd quarter. Blueline Advisors LLC now owns 502 shares of the company’s stock valued at $76,000 after acquiring an additional 491 shares during the last quarter.

Trending Headlines about SpaceX

Here are the key news stories impacting SpaceX this week:

Positive Sentiment: Large Google contract supports growth expectations. Google is reportedly renting SpaceX computing capacity for approximately $920 million per month under a 33-month agreement valued at up to $30 billion, although the full amount is not guaranteed. Google contract article
Positive Sentiment: Starlink’s commercial momentum remains strong. United Airlines has equipped more than 635 aircraft with Starlink, covering nearly half its fleet, while American Airlines plans installations on more than 1,030 aircraft. SpaceX also reportedly added about 570,000 subscribers per month in the second quarter. United Airlines Starlink article
Positive Sentiment: Institutional results highlight SpaceX’s investment appeal. Harvard’s endowment rose 27.1% in fiscal 2026, helped by its reported $2.2 billion SpaceX holding. Morgan Stanley maintained an Overweight rating and a $300 price target, while some analysts remain substantially more bullish. Harvard endowment article
Neutral Sentiment: Starship and wireless expansion offer future upside but require execution. Investors are watching the timing of a Florida Starship launch and SpaceX’s ambitions to expand Starlink into mobile wireless. Analysts note that terrestrial infrastructure, spectrum deployment and device compatibility could require billions in additional spending. Wireless expansion article
Negative Sentiment: Ukraine-related restrictions increased political and reputational risk. Ukrainian officials said Starlink or Starshield speed limits disrupted drone operations. Elon Musk attributed any restrictions to the U.S. government, and reports later indicated service was at least partially restored. The dispute could threaten government relationships and future contracts. Ukraine Starshield article
Negative Sentiment: Insider share unlocks may increase supply. A further release of as many as 1.3 billion shares is approaching, potentially creating dilution or selling pressure shortly after SpaceX’s recent IPO. SpaceX share unlock article
Negative Sentiment: Valuation leaves little room for disappointment. Commentators said SpaceX already reflects substantial growth, and its large market capitalization could limit returns even if revenue continues rising. Speculation about a Tesla merger remains unconfirmed and has not provided a dependable near-term catalyst. SpaceX valuation article

SpaceX Trading Down 2.3%

Shares of NASDAQ SPCX opened at $148.62 on Friday. SpaceX has a twelve month low of $104.83 and a twelve month high of $225.64. The company has a quick ratio of 4.99, a current ratio of 5.12 and a debt-to-equity ratio of 0.29. The company has a market cap of $1.96 trillion and a P/E ratio of -1,651.33. The firm has a 50 day moving average price of $148.19.

SpaceX (NASDAQ:SPCX – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.17. The firm had revenue of $7.81 billion for the quarter. The company’s revenue for the quarter was up 91.9% compared to the same quarter last year. As a group, equities analysts predict that SpaceX will post 0.07 earnings per share for the current year.

Insider Buying and Selling

In other SpaceX news, COO Gwynne Shotwell sold 342,170 shares of the business’s stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $153.57, for a total transaction of $52,547,046.90. Following the completion of the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

Several research analysts have weighed in on SPCX shares. Clear Str raised shares of SpaceX to a “strong-buy” rating in a report on Tuesday, July 7th. Mizuho initiated coverage on shares of SpaceX in a research note on Tuesday, July 7th. They issued an “outperform” rating and a $200.00 target price on the stock. Barclays assumed coverage on shares of SpaceX in a research note on Friday, October 9th. They issued an “overweight” rating and a $254.00 target price on the stock. DZ Bank started coverage on shares of SpaceX in a research report on Friday, August 21st. They set a “sell” rating and a $100.00 price target on the stock. Finally, Moffett Nathanson lifted their price target on SpaceX from $131.00 to $142.00 and gave the stock a “neutral” rating in a research note on Monday, September 14th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating, nine have assigned a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $220.06.

View Our Latest Stock Report on SPCX

SpaceX Company Profile

(Free Report)

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.