SBI Securities 13F: Adds $8.9M to SPCX Stake

SBI Securities boosted its stake in Space Exploration Technologies Corp. SPCX by 38.49% during the quarter, according to a Form 13F filed with the SEC on October 22, 2026. The firm added 59,115 shares to its holdings, bringing its total investment to 212,684 shares worth about $32.1 million.

SPCX Space Exploration Technologies Corp.

$147.79 ▲ +23.31% past 3 months

1M 3M

Daily close · Oct 20, 2026

What Changed in SBI Securities's Space Exploration Technologies Corp. Position

SBI Securities expanded its holdings from 153,569 shares up to 212,684 shares during the period. That adjustment lifted the value of its stake to $32,085,508. The filing shows the firm taking a more active stance on the aerospace company alongside other major institutional participants.

Other Institutional Activity in Space Exploration Technologies Corp.

Alphabet Inc. grew its holdings by 275,594,750 shares, ending with 551,189,500 shares worth about $80.07 billion. Valor Management LLC grew its holdings by 251,707,265 shares, ending with 503,414,530 shares worth about $73.13 billion. Vy Capital Management Co. Ltd. grew its holdings by 135,905,750 shares, ending with 271,811,500 shares worth about $39.49 billion. Gigafund Management Company, LLC grew its holdings by 85,913,372 shares, ending with 171,826,745 shares worth about $24.96 billion. Public Investment Fund grew its holdings by 77,073,418 shares, ending with 154,146,835 shares worth about $22.39 billion.

Space Exploration Technologies Corp. Stock Up 3.5%

Shares of Space Exploration Technologies Corp. SPCX closed at $145.27 on October 22, 2026, and recently traded around $152.98, putting the stock up about 5.3% since the filing. The stock trades above its 50-day moving average of $149.14 and its 200-day moving average of $145.82. The share price sits below its 52-week high of $225.64 while holding above its 52-week low of $104.83.

Recent Earnings

Space Exploration Technologies Corp. generated $23.04 billion in trailing twelve-month revenue alongside a net profit margin of negative 35.7%. The company reported basic earnings per share of negative $1.10 over the same period, with a forward P/E ratio of 73.64. Investors will watch for the upcoming earnings release on February 9, 2027, to check on revenue growth and profitability.

Insider Buying and Selling at Space Exploration Technologies Corp.

Chief Executive Officer Elon Reeve Musk sold 11,390 shares on April 2, 2026, at an average price of $105.32 for a total value of $1,199,572. President Gwynne E. Shotwell sold 342,170 shares on September 22, 2026, valued at $52,546,493.

Analysts Set New Price Targets

Macquarie maintained an Outperform rating on October 21, 2026, keeping its price target at $250.00. UBS maintained a Buy rating on October 21, 2026, raising its target from $210.00 to $230.00. Citigroup maintained a Buy rating on October 21, 2026, raising its target from $200.00 to $240.00. B of A Securities maintained a Buy rating on October 22, 2026, raising its target from $235.00 to $275.00. Pivotal Research maintained a Buy rating on October 22, 2026, raising its target from $230.00 to $260.00. Overall, 34 analysts give the stock a buy recommendation.

About Space Exploration Technologies Corp.

Space Exploration Technologies Corp. designs, manufactures, and launches advanced rockets and spacecraft while providing global satellite internet services. The business operates through space, connectivity, and artificial intelligence segments to build reusable transport systems and expand broadband access worldwide.

Bottom Line

Institutional interest in Space Exploration Technologies Corp. remains high as major funds adjust their stakes. Market participants will monitor upcoming filings and financial results on February 9, 2027, for further updates on the company's growth trajectory.