Elon Musk’s Net Worth Soars by $61B in a Day Following Stellar Tesla Q3 Deliveries
On Friday, October 2, 2026, Elon Musk’s net worth soared by an astounding $61 billion in a single trading session, pushing his estimated fortune back towards the $1 trillion mark, settling at approximately $979.7 billion, as per the Forbes Real-Time Billionaires List.
This remarkable one-day wealth gain was driven by a rally in both SpaceX and Tesla shares. SpaceX stock leaped over 7% to $158.84 following the successful completion of several rocket launches within a 24-hour span. Concurrently, Tesla shares surged nearly 5%, trading at $371.32, in the wake of the electric vehicle manufacturer’s robust Q3 2026 delivery figures of 486,532 vehicles — exceeding analysts’ predictions. These impressive delivery numbers have rekindled investor optimism that Tesla can sidestep a third consecutive year of sales declines, with European demand being a significant growth catalyst.
With approximately 4.8 billion SpaceX shares and around 700 million Tesla shares to his name, Musk continues to hold the No. 1 spot on the Forbes billionaires list. His nearest competitor, Amazon founder Jeff Bezos, has an estimated net worth of $370.7 billion — less than half of Musk’s. Musk momentarily became the world’s first-ever trillionaire in June 2026 when SpaceX made its debut on the Nasdaq at $150 per share, peaking at a net worth of $1.45 trillion.
Source: Forbes – October 2, 2026