Elon Musk's Net Worth Reaches Trillionaire Status Again on Surging SpaceX and Tesla Shares

Elon Musk's fortune increased by $65 billion on Monday, bringing his total net worth to $1.04 trillion according to the Bloomberg Billionaires Index.

The milestone was driven by rising valuations in his stakes in SpaceX and Tesla Inc., with SpaceX shares jumping 13% since October and Tesla gaining 6.7%.

Morgan Stanley analysts recently described SpaceX as a low-cost entry point into the space and intelligence sector, fueling a broader market rally.