LongSPCXJul 2026
Space Exploration Technologies Corp.
The fund views SpaceX as one of the closest examples of enduring monopolistic positioning in the modern market. At month-end, the shares traded at 23.1x consensus 2028 earnings…
SPCX
Which hedge funds are long SPCX?
8 published ideas on Space Exploration Technologies Corp. across 8 funds — 8 long and 0 short.
Space Exploration Technologies hedge fund investment theses
Each stock pitch below comes from a fund manager's own investor letter, not a 13F filing, so it carries the reasoning behind the portfolio position on Space Exploration Technologies: the full investment thesis, the risks the manager flagged, the conviction level and the time horizon. Positions may have changed since the letter was written.
Funds with a position view
Long theses
LongSPCXJun 2026
Space Exploration Technologies Corp.
SpaceX has evolved from a launch-focused company into a vertically integrated technology and infrastructure platform spanning launch, satellite broadband, mobile connectivity and…
LongSPCXJun 2026
Space Exploration Technologies Corp.
SpaceX is the fund's largest holding and Baron believes reusable launch technology can continue dramatically reducing the cost of accessing space. Lower launch costs support…
LongSPCXJun 2026
Space Exploration Technologies
SpaceX was purchased as Global Growth's first investment in the nascent space economy. Reusable launch technology has reduced costs and increased launch frequency, while the…
LongSPCXJun 2026
Space Exploration Technologies Corp.
SpaceX became the Fund's dominant contributor after completing its public offering, and Baron remains extremely positive on its long-term prospects. The IPO raised more than $85…
LongSPCXJun 2026
Space Exploration Technologies Corp.
The Fund views SpaceX as a unique company positioned at the intersection of AI and the emerging space economy, with competitive advantages it believes are exceptionally difficult…
LongSPCXJun 2026
Space Exploration Technologies
Sands initiated SpaceX as an investment in the nascent space economy. Reusable launch technology has reduced launch costs and increased flight frequency, while Starlink adds a…
LongSPCXJun 2026
Space Exploration Technologies
SpaceX was initiated as exposure to launch economics and satellite connectivity. Reusable rockets can reduce launch costs and increase frequency, while Starlink expands the…