Rep. Daniel Meuser (R-PA) Buys SPCX Stock

Representative Daniel Meuser, a Republican member of the House representing Pennsylvania's 9th district, disclosed a purchase of Space Exploration Technologies Corp. (SPCX) stock. According to a periodic transaction report filed under the STOCK Act and disclosed on July 2, 2026, the trade occurred on June 15, 2026.

Inside Rep. Meuser's Space Exploration Technologies Trade

The transaction involved a disclosed amount ranging between $15,000 and $50,000, specifically reported in the $15,001 - $50,000 tier under House disclosure rules. Because congressional filings list ranges rather than exact share counts or precise dollar figures, the exact size of the trade remains within that bracket.

Other Institutional Activity in Space Exploration Technologies

Other institutional investors have adjusted their holdings in the aerospace firm recently. Kmg Fiduciary Partners ended with 18,564 shares worth about $2,800,565. IFM Investors grew its holdings by 26,299 shares, ending with 139,838 shares worth about $21,095,961. Tema Etfs grew its holdings by 376,475 shares, ending with 563,977 shares worth about $85,081,570. Financial Synergies Wealth Advisors held 4,336 shares valued at about $654,075. Aspiriant held 6,590 shares worth about $994,167.

Space Exploration Technologies Corp. Stock Down 5.1%

Space Exploration Technologies Corp. closed at $192.50 on the transaction date of June 15, 2026. The stock recently traded around $144.47 as of October 16, 2026, which is down about 25.0% from that event-day close.

Recent Earnings

The company reported trailing twelve month revenue of $23,043,999,744.00 alongside negative earnings per share of $1.10. Its next earnings report is scheduled for November 3, 2026.

Insider Buying and Selling at Space Exploration Technologies Corp.

Chief Executive Officer Elon Reeve Musk sold 11,390 shares at a price of $105.32 on April 2, 2026, for a total value of $1,199,572.00. Later, on September 22, 2026, President Gwynne E Shotwell sold 342,170 shares valued at $52,546,493.00.

Analysts Set New Price Targets

On September 28, 2026, Deutsche Bank reiterated its Buy rating with a target of $235.00. On the same day, CLSA initiated coverage with an Outperform rating and a $250.00 price target. On September 29, 2026, TD Cowen initiated coverage with a Buy rating and a $200.00 price target. On September 30, 2026, Macquarie maintained its Outperform rating and $250.00 price target. Later, on October 7, 2026, Susquehanna maintained its Neutral rating while raising its target from $144.00 to $173.00. Across the street, the stock holds a consensus buy rating with a mean price target of $221.26 from 31 analyst opinions.

About Space Exploration Technologies

Space Exploration Technologies Corp. designs, manufactures, and launches reusable rockets while providing satellite-based broadband services globally through its space, connectivity, and artificial intelligence segments.

Bottom Line

Congressional stock disclosures provide insight into member investments but do not indicate whether a trade signals a broader market trend. Observers can watch for the company's upcoming earnings release on November 3, 2026, for further updates on financial performance.