Activist investor Dan Loeb's Third Point disclosed a new position in Space Exploration Technologies Corp. (SPCX), more commonly known as SpaceX, according to a recent SEC filing. The filing, which reflects holdings as of June 30, 2026, revealed the firm acquired 180,410 shares valued at approximately $30.83 million. This new investment gives Third Point a 0.66% weighting in its portfolio to the aerospace and telecommunications company.
Investors should note that 13F filings are released with a delay and reflect positions held at the end of a quarter, not necessarily current holdings. This move was part of a broader portfolio shuffle for the firm in the second quarter, which also saw it exit positions in tech giants like Nvidia and Meta Platforms. The investment from a prominent investor like Loeb is a notable endorsement for SpaceX.