SpaceX (SPCX) Stock Rises 4.5% as Institutional Investors Reveal Massive Stakes

TLDR

• SpaceX stock closed at $146.23, up 4.5% on Monday, while the broader market slipped around 0.5%
• Nvidia disclosed a ~$21 billion SpaceX stake; Alphabet revealed a ~$94 billion position, a 100-fold gain on its 2015 investment
• About 319 million insider-held units unlock on Aug. 20, with ~4.9 billion unlocking by year-end
• UBS holds a Buy rating with a $210 price target; Phillip Securities maintains a Sell at $75
• Goldman Sachs forecasts the global space economy will reach $1.8 trillion by 2035

SpaceX (SPCX) stock closed at $146.23 on Monday, up 4.5%, as a wave of institutional disclosure filings showed major investors holding large positions in the company.

Space Exploration Technologies Corp., SPCX

The S&P 500 and Dow Jones Industrial Average both fell around 0.5% on the same day, making SpaceX’s move stand out.

Nvidia disclosed that its SpaceX investment was valued at approximately $21 billion at the end of the second quarter. The chipmaker held 122.8 million Class A units, according to a filing with the SEC.

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