Elon Musk is a trillionaire again: What factors added to his $1 trillion fortune

Elon Musk becomes trillionaire; SpaceX, Tesla shares rise

Elon Musk has regained trillionaire status after his fortune jumped $65 billion to $1.04 trillion, driven by gains in SpaceX and Tesla shares. His wealth remains heavily tied to the two companies, which account for more than 98% of his net worth. 2 days ago
SpaceX to invest $100 billion in Louisiana spaceport, create over 11,100 jobs

SpaceX to invest $100 billion in Louisiana spaceport, create over 11,100 jobs

The project is expected to create more than 11,100 direct and indirect jobs over the next decade, including 3,000 direct jobs with an average annual salary of $92,600. Elon Musk said the facility could eventually feature more than a dozen launch towers and support over 30 Starship flights a day, significantly increasing access to space Aug 26, 2026
SpaceX shares slip below IPO price after Starship launch abort

SpaceX shares slip below IPO price after Starship launch abort

SpaceX shares fell below their $135 IPO price for the first time after the company aborted the launch of its flagship Starship rocket. The stock closed 3.08% lower at $131.11 and extended its losing streak to five consecutive sessions since its June 12 market debut. Jul 17, 2026
'Modi is beautiful like an angel, but is tough trader': Trump holds PM Modi's hand, talks about his persona

'US Was Treated Unfairly': Trump Believed India Levied 175% Tariffs, Says New Book

Trump reportedly argued that both China and India treated the US unfairly through high tariffs and clashed with Commerce Secretary Howard Lutnick over official tariff figures. The revelations come amid ongoing India-US trade negotiations, with both countries working towards finalising a bilateral trade agreement before July 24. Jun 25, 2026
SpaceX begins trading on Nasdaq, Musk set to become world's 1st trillionaire

SpaceX begins trading on Nasdaq, Musk set to become world's 1st trillionaire

SpaceX made its Nasdaq debut on Friday after a record-breaking $75 billion IPO, with shares priced at $135 each, valuing the company at about $1.77 trillion. The listing boosted founder Elon Musk's net worth to nearly $983 billion, putting him on the verge of becoming the world's first trillionaire. Jun 12, 2026
Google to pay SpaceX $30 billion for computing power till June 2029

Google to pay SpaceX $30 billion for cloud computing power till June 2029

The contract allows Google to terminate the deal if SpaceX fails to provide the Nvidia chips by September 30, while either party can end the agreement with 90 days' notice. The partnership highlights the growing race among tech companies to secure large-scale AI computing resources. Jun 7, 2026