Forbes reported that Elon Musk’s net worth topped $1 trillion on Oct. 5, 2026, driven by gains in SpaceX and Tesla shares, putting “elon musk net worth” back above the trillion-dollar mark.
Forbes’ story says the estimate reflected a roughly $30.6 billion jump from the prior trading day as SpaceX and Tesla shares rallied, with Forbes’ real-time tracker listing Musk at about $1 trillion on Monday morning.
Forbes attributed the increase to a stronger SpaceX session and continued momentum in Tesla after the company reported better-than-expected third-quarter deliveries, moves that added tens of billions to Musk’s fortune, the outlet reported.
Forbes also noted SpaceX’s share price climbed in morning trading — cited at roughly $167 per share in the article — a gain that helped lift the estimate for elon musk net worth back above $1 trillion.
Analysts and market coverage that Forbes linked to pointed to a combination of corporate events — delivery data at Tesla and positive sentiment around SpaceX — as the immediate drivers of the jump, according to the Forbes piece.
Elon musk net worth has moved rapidly this year as SpaceX’s market value and Tesla’s share price have swung; Forbes’ real-time billionaire tracker and its related coverage provided the figures cited here.
Sources
- Forbes — reported the $1 trillion estimate, the $30.6 billion one-day gain and cited SpaceX and Tesla share moves.
- Yahoo Finance — republished Forbes’ press-release-style summary of the Forbes estimate and context about SpaceX’s IPO effect on Musk’s wealth.
