Elon Musk has done it again. On Monday, October 5, the entrepreneur surpassed the trillion-dollar threshold, reaching an estimated fortune between $1.04 and $1.046 trillion.
This financial leap was powered by a rally in his primary assets. SpaceX, in particular, acted as the main growth engine with an increase of nearly 8%, while Tesla recorded a rise of over 1%.
| Asset | Variation | Key Value/Data |
|---|---|---|
| SpaceX | +8% approx. | USD 171.09 per share |
| Tesla Inc. | +1% approx. | Sustained growth |
| Total Fortune | Record | Up to USD 1.046 trillion |
The Starship Effect and Orbital Expansion
The market reacted with euphoria to several operational milestones from SpaceX that point toward a lucrative future:
Political Alliance and Superintelligence
Beyond the finances, Musk held a key meeting at the White House with President Donald Trump to launch an agreement on artificial intelligence. As a result, the businessman announced the rebranding of his subsidiary SpaceXAI, which will now be known as "SpaceXSI".
This change adopts the concept of "superintelligence", a term promoted by the U.S. president through an executive order, aligning Musk's technological vision with the government's agenda.
Despite the economic and political success, Musk is not without controversy. Next Friday, October 10, the documentary "Musk" will premiere in New York and Los Angeles, with a national release following on October 16.
Source: Imago