Economy

Elon Musk Returns to Trillionaire Status as SpaceX and Tesla Rally

Hindustan Times59m
THE BRIEF
1

Elon Musk's fortune increased by $65 billion on Monday to reach $1.04 trillion according to the Bloomberg Billionaires Index.

2

The rise in net worth was driven by climbing values in his stakes in SpaceX and Tesla Inc., with SpaceX shares up 13% since October start.

3

The gains mark the first time in three months that the tech mogul's fortune required 13 numerals, supported by renewed optimism at both companies.