Musk’s Fortune Surges as SpaceX Posts $4.4 Billion Profit
By Damilola Esebame
Source excerpt · FinanceFeeds
Elon Musk's net worth jumped $88 billion to $1.013 trillion on Wednesday, October 21, according to Forbes, after SpaceX reported third-quarter results that crushed Wall Street estimates. Revenue reached $14.58 billion, a 161.4 percent jump from the year-ago period, and net income swung to $4.4 billion from a loss of $1.05 billion, Forbes reported . SpaceX shares rose 6.89 percent to $157.97 in aft…