Archive · 6 Oct 2026
Musk Returns to Trillionaire Status as SpaceX and Tesla Rise
Elon Musk’s estimated fortune went up by $65 billion on Monday.
The Bloomberg Billionaires Index put it at $1.04 trillion.
This means he is a trillionaire again.
Much of his wealth comes from his stakes in SpaceX and Tesla.
Their shares have risen since the start of October.
SpaceX shares have also climbed since an August low.
Morgan Stanley analysts described SpaceX as a relatively inexpensive way to invest in the space and intelligence sector.
Tesla also reported better-than-expected sales for the third quarter.
The articles say worries about SpaceX’s high valuation had previously contributed to a share-price slump.
Elon Musk’s estimated fortune rose $65 billion on Monday to $1.04 trillion, according to the Bloomberg Billionaires Index.
The increase followed gains in SpaceX and Tesla shares, up 13% and 6.7% respectively since the start of October.
It was the first time in three months Musk’s fortune had reached the trillion-dollar level again.
SpaceX shares have rebounded 58% from an August low; Morgan Stanley analysts called the company a relatively inexpensive way to invest in the space and intelligence sector.
Tesla reported better-than-expected third-quarter sales last week, and Musk’s stakes in SpaceX and Tesla account for more than 98% of his net worth, according to the index.
- Who
- Elon Musk; his fortune is estimated by the Bloomberg Billionaires Index.
- What
- His estimated fortune rose by $65 billion to $1.04 trillion, making him a trillionaire again.
- When
- Monday, October 6, 2026; the articles say this was the first time in three months his fortune had reached that level.
- Why
- The value of his stakes in SpaceX and Tesla rose amid gains in both companies.
Optimistic view
Valuation concerns
SpaceX’s investment appeal
Optimistic view
Morgan Stanley analysts called SpaceX one of the cheapest ways to invest in the space and intelligence sector’s potential.
Valuation concerns
The articles say SpaceX shares previously slumped amid concerns about the company’s sky-high valuation.
- Estimated fortune
- $1.04 trillion
- Reported increase
- $65 billion on Monday
- SpaceX shares
- Up 13% since the start of October and 58% from an August low
- Tesla shares
- Up 6.7% since the start of October
- Musk’s SpaceX and Tesla stakes
- More than 98% of his net worth, according to the Bloomberg Billionaires Index
- Earlier wealth decline
- More than $600 billion from its peak as of late July, according to the article
- Tesla sales
- Third-quarter sales were better than expected
- Publication date
- October 6, 2026
