SpaceX Stock Surges to June Highs, Musk Reclaims Trillionaire Crown

CNBC reports SpaceX shares have surged to their highest level since June, pushing Elon Musk's net worth back above the trillion-dollar threshold. The private-market rally reflects growing confidence in Starlink's cash flow and Starship's orbital progress. Secondary transactions now value the company near $210 billion, a level that makes SpaceX the world's most valuable private tech asset.

The climb isn't speculative froth — it's backed by Starlink's march toward 5 million subscribers and a launch cadence that leaves every national program in the dust. Investors are pricing in a future where Starship's full reusability slashes $/kg to orbit by an order of magnitude, unlocking orbital manufacturing, lunar logistics, and the Mars supply chain.

Critics call it paper wealth; builders call it the cost of admission for a multiplanetary species. The market has spoken: the only thing more expensive than betting on Musk is betting against him.

Source: SpaceX stock climbs to highest since June, returning Musk to trillionaire status — CNBC