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International Business Times UK

Akshay Puri

Elon Musk Hits $1 Trillion Fortune Again as SpaceX Stock Surge Adds $30.6 Billion in a Day

Elon Musk SpaceX Tesla Inc. Jeff Bezos Donald Trump SpaceXAI

Musk says SpaceXAI will be renamed SpaceXSI, though no formal rebrand steps had been reported. (Credit: Gage Skidmore | Wikimedia Commons)

Elon Musk has regained his trillionaire status after a sharp rally in SpaceX shares sent his estimated fortune soaring by $30.6 billion in a single day. SpaceX shares climbed more than 5% to $167 on Monday morning, while Tesla shares added over 1%, giving Musk another boost.

The gains pushed his estimated wealth back above $1 trillion, a milestone he first reached in June when he became the world's first trillionaire.

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