SpaceX Stock Rebound Returns Musk to Trillionaire Status — SkimNews
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- SpaceX stock rallied to its highest level since June, clawing back ground lost during a post-IPO slump, per Bloomberg and CNBC
- Elon Musk regained trillionaire status on the back of the SpaceX share recovery, with Bloomberg, CNBC, Forbes, and Sequoia's Maguire all flagging the milestone
Why it matters: Musk's net worth is now almost entirely tethered to his roughly 42% SpaceX stake and his Tesla holdings, meaning a single private-market repricing of SPCX can move him in or out of trillionaire territory — the post-IPO slump showed how fast that can reverse.
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