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The rocket company's stock hit its offering price Monday for the first time since July 15, recovering from a close as low as $108.27

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SpaceX stock touched its $135 initial public offering price on Monday for the first time since July 15, recovering from a stretch of turbulent trading that had sent the stock well below its June debut price.

The stock briefly hit the $135 level in early trading. SpaceX stock had closed as low as $108.27 in recent days, part of a volatile run since the company listed on the Nasdaq $NDAQ in June.