According to CoinMeta, the stock price of SpaceX soared nearly 8% on Monday, reaching $171.09, a new high since mid-June. According to Forbes' real-time wealth list, Musk's net assets increased by about $30.6 billion on that day, bringing his total wealth to approximately $1.03 trillion, placing him at the top of the list of billionaires. This is the first time since Musk's initial public offering in June of this year that his wealth has once again reached the trillion-dollar level. Since hitting a bottom at the beginning of August, the stock price of SpaceX has rebounded by about 58%. Morgan Stanley has set a target price of $300 for the stock, which still represents about 75% upside potential from Monday's closing price, and recommends that investors make arrangements before the company's next Starship test flight and the release of its third-quarter financial report.