Topline
Elon Musk on Monday regained his trillionaire status as rallying SpaceX and Tesla shares added more than $50 billion to his net worth, after he fell below the trillion-dollar threshold last week following a sharp decline in SpaceX’s stock and new restrictions on his Tesla equity.
The rocket maker’s trading debut quickly swelled the world’s richest person’s fortune.
Getty Images
Key Facts
Shares of SpaceX jumped 6% and Tesla’s surged by 8% as of Monday afternoon, raising Musk’s net worth by $53.9 billion—to above $1 trillion.
This is a developing story.
Leave a comment