SpaceX shares have climbed back above their IPO price of $135, currently trading at $145 apiece after falling as low as $104. The rebound follows the Aug. 6 expiration of the company's first lockup period, which did not trigger the insider selling many investors feared. Second-quarter results showed revenue up 92% year over year to $7.8 billion, with a net loss of $541 million, down from $1 billion a year earlier. Wall Street's average price target is $235.69, implying about 62% upside, though the stock trades at a price-to-sales ratio of 64.
