SpaceX shares climbed back above their $135 IPO price on Monday for the first time in weeks, trading near $138 after an earnings beat and the Aug. 6 lockup expiry made roughly 911.5 million insider shares eligible for sale. Deutsche Bank reiterated a Buy rating and $235 price target, saying management's goal of reaching $100 billion in annualized recurring revenue by year-end was likely achievable, while Reuters, citing Vanda Research, reported retail investors were net sellers of $4.5 million on Friday, the first net selling since the June 12 listing. The rebound also lifted Elon Musk's wealth: the Bloomberg Billionaires Index put his net worth at $847 billion, up $29.8 billion since Monday, reflecting gains in a fortune tied largely to his reported stakes of about 42% in SpaceX and about 11% in Tesla.