Elon Musk Becomes a Trillionaire Again as SpaceX and Tesla Shares Jump

Elon Musk's net worth crossed the $1 trillion mark at the start of trading on Monday, 5 October 2026, according to ArzDigital. Forbes estimated Musk's wealth rose by $30.6 billion that day compared with Friday. SpaceX shares jumped more than 5 percent to $167, while Tesla shares gained over 1 percent, putting Musk back atop the world's richest list by a wide margin over Amazon CEO Jeff Bezos, who ranked second with $371.5 billion. Musk had briefly become a trillionaire in June after SpaceX listed on Nasdaq, but lost that status days later when both companies' shares fell. The latest rally coincided with better-than-expected Tesla vehicle deliveries for the third quarter and growing investor interest in SpaceX's revenue model, which Musk recently detailed.