{
  "id": 12249915,
  "title": "Musk is a trillionaire again as SpaceX claws back post-IPO slump",
  "url": "https://urgent.news/2026/10/05/musk-is-a-trillionaire-again-as-spacex-claws-back-post-ipo-slump",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T23:01:40.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/international/musk-trillionaire-again-spacex-claws-back-post-ipo-slump"
  },
  "original_language": "en",
  "account": "US$1 trillion net worth returned: Elon Musk's wealth surged by US$65 billion to reach US$1.04 trillion, as per Bloomberg Billionaires Index, on Monday (Oct 5). This marks the first time in three months that the tech mogul's fortune has crossed the US$1 trillion mark. Musk, 55, became the world's first trillionaire in June following a record-breaking initial public offering for SpaceX, but his title was lost due to subsequent share slumps caused by concerns over the company's high valuation.",
  "summary": "It marks the first time in three months the 55-year-old tech mogul’s fortune passed US$1 trillion",
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/12249915.png",
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CNBC Technology",
        "title": "SpaceX stock climbs to highest since June, returning Musk to trillionaire status",
        "url": "https://urgent.news/2026/10/05/spacex-stock-climbs-to-highest-since-june-returning-musk-to",
        "published": "2026-10-05T20:10:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}