Musk Is A Trillionaire Again: SpaceX And Tesla Boost Net Worth By $50 Billion Ty Roush is a breaking news reporter based in New York City.Jun 29, 2026, 03:02pm EDTToplineElon 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 ImagesKey FactsShares 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.LOADING VIDEO PLAYER...FORBES’ FEATURED Video