SpaceX (NASDAQ: SPCX) could be positioned for further gains after attracting more than $7 billion in institutional inflows over the past year.

Data shows that 108 institutional investors accumulated SpaceX shares over the last 12 months, generating total inflows of approximately $7.27 billion. Notably, filings show no reported institutional sellers during the same period.

The accumulation trend comes as investors continue to bet on the long-term growth potential of Starlink, Starship, government contracts, and emerging artificial intelligence opportunities tied to SpaceX’s communications infrastructure.

Among the largest reported positions is K5 Global Advisor LLC,…