After an incredible post-IPO performance, Space Exploration Technologies (SPCX 4.18%) stock has gradually returned to earth.

SpaceX officially priced its June 12 IPO at $135 per share and opened at $150 per share. Shares reached their all-time high of $225.64 three days later. After a steep correction, the stock is now hovering around $145.

The space stock is now priced just 7% above its original IPO price, and under the price at which it began trading. Newly published historical data, however, suggest there is more upside to come.

Space Exploration Technologies

Today’s Change

(-4.18%) $-6.08

Current Price

$139.22

Key Data Points

Market Cap

$1.9TMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted,…