In quite fitting fashion, the many space stocks that rocketed higher ahead of the SpaceX (SPCX) IPO earlier this month have since fallen back down to earth.
Below is a snapshot of the two dozen or so stocks directly related to space, whether it's building rockets, satellites, weapons, moon equipment, or system software.
On average, these stocks were up 99% year-to-date at the close on Thursday, June 11th when SpaceX priced its shares at $135. Since that day, the same basket of space stocks are down an average of 17%.
As you can see in the table, along with SpaceX still being up 14.5% from its IPO price, just one other stock out of 28 is up since the SPCX IPO.
Below is a look at nine price charts from the group of space stocks listed above that look just like a rocket launch that goes straight up, then comes straight down. The only question now is whether the rocket is re-usable or not!
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