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News 2026-10-06 01:58 UTC

SpaceX Stock Surges, Returning Elon Musk to Trillionaire Status

SpaceX shares climbed nearly 8% to $171.09 on Monday, reaching their highest point since mid-June. This surge, fueled by the company's first orbital Starship flight and expanding AI ambitions, has reinstated CEO Elon Musk's trillionaire status and highlighted SpaceX's long-term growth prospects.