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SpaceX and Tesla Stocks Rally as Musk's Net Worth Returns to Trillion-Dollar Range

36Kr1 min read

Global richest man Elon Musk's net worth has again surpassed $1 trillion for the first time in three months. According to Bloomberg's Billionaires Index, Musk's wealth rose by $65 billion on Monday to reach $1.04 trillion, driven by a rebound in the value of his SpaceX and Tesla holdings. Since October, SpaceX shares have risen 13% and Tesla shares have gained 6.7%. Additionally, Tesla's third-quarter sales figures released last week exceeded expectations. According to Bloomberg's Billionaires Index, Musk's holdings in SpaceX and Tesla combined account for more than 98% of his net worth. (Caishengshe)

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