Can SpaceX’s latest rally take Musk’s fortune even higher?

Economic Times - Oct 6, 2026

SpaceX shares surged 8% to a June-high close after Morgan Stanley reiterated its bullish outlook, citing AI, chipmaking and Starship opportunities. Elon Musk confirmed ongoing TSMC talks for potential chip production, while Starship Flight 15 could provide another catalyst. The rally also pushed Musk’s estimated wealth above $1 trillion.

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