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

by · The Markets Daily

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 IRA 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 0.4%

SpaceX stock opened at $148.18 on Friday. SpaceX has a 12-month low of $104.83 and a 12-month high of $225.64. 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 company has a 50-day simple moving average of $135.01. The company has a market capitalization of $1.94 trillion and a PE ratio of -1,646.44.

SpaceX (NASDAQ:SPCX – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.26) by $0.17. The company 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, analysts expect that SpaceX will post -0.15 earnings per share for the current year.

SpaceX News Roundup

Here are the key news stories impacting SpaceX this week:

  • Positive Sentiment: UK Starshield contract: Britain is reportedly spending nearly $40 million on SpaceX satellite services, providing validation for the Starshield defense business and a potential source of recurring international revenue. SpaceX Stock Rises as Britain Spends Nearly $40M on Satellite Services
  • Positive Sentiment: Successful government launch: SpaceX launched a U.S. Space Force mission from California, reinforcing its launch reliability and defense-contract credentials. SpaceX Launches Space Force Mission in California
  • Positive Sentiment: Starlink product upgrade: A fourth-generation router featuring Wi-Fi 7, broader coverage and support for more connected devices could improve Starlink’s consumer competitiveness and average revenue per user. SpaceX Gives Starlink a Major Wi-Fi Upgrade
  • Positive Sentiment: Analyst and institutional support: Pivotal Research initiated coverage with a Buy rating and a $220 target, while Third Point reported acquiring roughly $31 million of SpaceX shares after the IPO. Billionaire Investor Added SpaceX to His Portfolio
  • Neutral Sentiment: Data-center strategy shift: Reports that SpaceX may slow or redesign its AI data-center expansion could reduce near-term spending and execution risk, but may also delay projected AI revenue growth. SpaceX Shifting Gears With Data Center Buildout
  • Negative Sentiment: Valuation remains a concern: Commentary highlighting a valuation near 98 times sales and recent analyst caution is limiting enthusiasm, especially while SpaceX continues investing heavily in AI infrastructure. SpaceX Trades at 98 Times Sales
  • Negative Sentiment: Share-supply and transparency overhangs: Recent lockup expirations have made hundreds of millions of shares eligible for sale, while SpaceX is suing to keep Texas Terafab tax-break records private. Both developments can increase selling pressure or investor scrutiny. SpaceX Sues to Block Release of Terafab Tax-Break Records

Analyst Ratings Changes

Several brokerages recently commented on SPCX. Wall Street Zen raised shares of SpaceX from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. TD Cowen started coverage on shares of SpaceX in a report on Monday, June 22nd. They set a “buy” rating for the company. HSBC initiated coverage on SpaceX in a research note on Thursday, July 23rd. They issued a “hold” rating and a $115.00 price target for the company. KGI Securities lowered SpaceX from an “outperform” rating to a “hold” rating in a research report on Monday, June 22nd. Finally, Roth Capital raised SpaceX to a “buy” rating in a report on Monday, June 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have given a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat.com, SpaceX presently has an average rating of “Moderate Buy” and an average target price of $221.06.

View Our Latest Stock Report on SPCX

Institutional Investors Weigh In On SpaceX

Large investors have recently modified their holdings of the company. Syntax Research Inc. acquired a new position in SpaceX in the second quarter valued at $26,000. Atwood & Palmer Inc. acquired a new position in shares of SpaceX in the 2nd quarter valued at about $29,000. PayPay Securities Corp bought a new stake in shares of SpaceX during the 2nd quarter valued at about $30,000. Marquette Asset Management LLC acquired a new stake in SpaceX during the second quarter worth approximately $32,000. Finally, Community Bank N.A. acquired a new stake in SpaceX during the second quarter worth approximately $38,000.

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.

About SpaceX

(Get 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, 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.

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