EthiopiaElon Musk regains trillionaire status as SpaceX shares rise
SpaceX stock rose nearly 8 percent, bringing Musk's net worth back above $1.03 trillion.
Global Newsflix 1 min readElon Musk's net worth returned to over $1.03 trillion after SpaceX shares rose nearly 8 percent. The company's stock reached its highest level since June.
Musk's wealth had previously stalled ahead of scheduled events for Tesla and SpaceX.
Key facts
- SpaceX shares increased by nearly 8 percent.
- Elon Musk's net worth is above $1.03 trillion.
- SpaceX stock reached its highest level since June.
Three perspectives
Neutral
Musk's wealth fluctuates based on the performance of his companies. Investors are watching upcoming events for Tesla and SpaceX.
Positive
The surge in SpaceX shares has restored Musk to trillionaire status.
Negative
Musk's wealth previously stalled before key company events.
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