Tema Etfs 13F: Adds $57M to SPCX Stake

Tema Etfs has increased its stake in Space Exploration Technologies Corp. (SPCX) by 376,475 shares, bringing its total holdings to 563,977 shares. This boost in position was disclosed in a filing on October 16, 2026, and the value of this investment is approximately $85.1 million.

What Changed in Tema Etfs's SpaceX Position

Tema Etfs's recent move represents a 200.8% increase in its holdings. The fund has now established a significant position in SpaceX, which operates in the aerospace and defense industry, providing satellite-based broadband services and launching reusable rockets to access space.

Other Institutional Activity in SpaceX

Several other institutional investors have also been active in SpaceX. Alphabet Inc. increased its holdings by 275,594,750 shares, bringing its total to 551,189,500 shares valued at about $80.5 billion. Valor Management LLC added 251,707,265 shares, ending with 503,414,530 shares worth around $73.5 billion. FMR, LLC boosted its position by 151,277,916 shares for a total of 302,555,831 shares valued at about $44.2 billion. Additionally, Vy Capital Management Co. Ltd. and Gigafund Management Company, LLC increased their holdings as well, with shares valued at $39.7 billion and $25.1 billion, respectively.

Space Exploration Technologies Corp. Stock Down 4.0%

As of October 16, 2026, SpaceX shares were recently trading around $143.93. This price is below both the 50-day moving average of $146.72 and the 200-day moving average of $145.58. It is also significantly below its 52-week high of $225.64, reflecting a decline of about 36.2%. Despite this, the stock remains above its 52-week low of $104.83, by about 37.3%.

Recent Earnings

Space Exploration Technologies Corp. reported trailing twelve-month revenue of approximately $23 billion, with year-over-year revenue growth of 91.9%. The company had a net loss, resulting in an EPS of -$1.10. Its next earnings report is expected on November 3, 2026.

Insider Buying and Selling at Space Exploration Technologies Corp.

Elon Reeve Musk, the CEO, sold 11,390 shares at an average price of $105.32, totaling about $1.2 million on April 2, 2026. Additionally, President Gwynne E Shotwell sold 342,170 shares on September 22, 2026, valued at approximately $52.5 million.

Analysts Set New Price Targets

On October 16, 2026, Evercore ISI Group maintained its Outperform rating on SpaceX with a new price target of $275. Earlier, Barclays initiated its coverage with an Overweight rating and a target of $254. TD Cowen also reiterated its Buy rating with a $200 price target. The consensus among analysts is a buy rating, with a mean price target of $221.26 from a total of 31 opinions.

About Space Exploration Technologies Corp.

Space Exploration Technologies Corp. focuses on providing satellite-based broadband services and designing reusable rockets for access to space. Founded by Elon Musk, it plays a significant role in the aerospace industry and has seen substantial interest from institutional investors recently.

Bottom Line

Investors should keep an eye on the upcoming earnings report on November 3, 2026, which will provide further insights into the company's financial health. The filing reflects holdings as of the last quarter and may not represent Tema Etfs's current position. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.