Elon Musk is a trillionaire again following a surge in SpaceX stock. He’s the richest person in the world by a landslide—and even if he were to give everyone in the world a chunk of his fortune, he’d still top the billionaires list.
SpaceX shares rose nearly 8% on Monday. Morgan Stanley analysts even called the stock “cheap” at the day’s prices, emphasizing the potential of future AI product releases, progress on the launch vehicle Starship, and new neocloud contracts.