[Elon Musk's Net Worth Returns to $1 Trillion, Increases by $88 Billion in a Single Day] BlockBeats News, October 21: According to Forbes, driven by the rising stock prices of SpaceX and Tesla, Elon Musk re-entered the $1 trillion billionaire club on October 21. His net worth increased by approximately $88 billion in a single day, reaching $1.013 trillion. SpaceX's stock price rose more than 10% after announcing better-than-expected Q3 earnings, while Tesla's stock price increased by over 3%. Tesla is expected to release its earnings report after the U.S. stock market closes on the same day. Musk previously confirmed during SpaceX's earnings call on Tuesday night that the two companies are considering a merger. Musk became the world's first $1 trillion billionaire on June 12 when SpaceX went public. Since then, he has repeatedly fallen below and returned to this threshold, most recently losing the status last week due to a decline in SpaceX's stock price. [Original Link]