For a company that regularly shoots for the stars, Space Exploration Technologies (NASDAQ: SPCX), commonly known as SpaceX, has started its stock market life in a similar fashion. So, having fallen by half, could SpaceX stock potentially regain that lost ground – meaning it would double in value from here? To understand why, it is helpful to think about how the market has been valuing SpaceX stock. On top of that there are other aspects of the SpaceX business I see as punts, such as its AI offering. Tesla stock has soared 23,716% since its stock market listing.