Musk saw his wealth jump by $178 billion in just two days, putting his year-to-date gain at a record-breaking $216 billion as investors cheered Tesla’s driverless taxi tests in Texas, according to

“A SpaceX IPO could lead to some selling pressure on Tesla shares,” said Dmitry Shlyapnikov, an analyst at Horizon Investments who works with portfolio managers. “There are investors that own Tesla for exposure to Elon’s ideas and not for the car company attached to the ticker.”

In this week's edition of the celebrity crossover no one asked for, Tesla CEO and SpaceX founder Elon Musk decided to stir up some drama involving Sydney Sweeney. The 28-year-old actress made waves at the recent premiere of The Housemaid,

Elon Musk has grown $216 billion richer this year, thanks to Tesla stock hitting an all-time high and SpaceX doubling in value since the summer.

It is rare for the richest person or the richest family to double the wealth of the next richest. Bill Gates achieved this in 1999 when he reached $90 billion

Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.

Charlie Puth has appealed directly to Elon Musk after a 3am SpaceX rocket launch 'violently' shook his Santa Barbara home and frightened his pregnant wife.

SpaceX's CEO also confirms that the company's rumored IPO is about generating funding to develop orbiting data centers using Starlink as a foundation.