Andreas Steno Larsen: SpaceX valuation reaches $135, Musk nears $1 trillion net worth

Andreas Steno Larsen: SpaceX valuation reaches $135, Musk nears $1 trillion net worth
SpaceX valued at $135, Musk nears $1T

Andreas Steno Larsen, founder & CEO, reports that SpaceX is now valued at $135 per share according to Bloomberg, bringing Elon Musk's estimated net worth to $970.5 billion.

Larsen adds that a rise in SpaceX stock above its IPO price or a rally in Tesla could soon make Musk the world's first trillionaire.

Larsen has previously reported that AI-related stocks have reached a record share of the S&P 500. In an earlier analysis, he noted that Wall Street repeatedly treats structural problems as liquidity issues during crises. These observations provide context to ongoing developments in high-profile companies and market valuations.

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