Musk is back over $1 trillion after SpaceX and Tesla rallied. Morgan Stanley called SpaceX cheap. SDA Tranche 1 slips to Thursday. Starlink offers 50% off near Starbase.
Ælon Daily – Tuesday, October 6, 2026
LIVE FROM THE EMPIRE · OCTOBER 6, 2026
Trillionaire again. SpaceX is the driver.
Elon Musk is back over $1 trillion after SpaceX and Tesla both rallied. Morgan Stanley called SpaceX cheap and kept a $300 price target. The SDA Tranche 1 flight slipped to Thursday after a Monday abort. Starlink is cutting residential plans in half for neighbors near Starbase.
WEALTH
$1.04T
Back over a trillion after the rally.
SPACEX
~8% up
Morgan Stanley: cheap, $300 target.
SDA
Thu Oct 8
Tranche 1 slipped after Monday abort.
MUSK WEALTH TRACKER
FORBES / BLOOMBERG · OCT 6, 2026
$1.04T
#1 in the world · trillionaire again
SpaceX and Tesla both climbed on Monday. Bloomberg put the gain near $65B in a day, restoring the thirteen-digit number for the first time in about three months. SpaceX / Tesla still dominate the total.
Source: Bloomberg Billionaires Index and Forbes Real-Time. Figures move with markets.
ACROSS THE EMPIRE
SpaceX jumps after Morgan Stanley calls it cheap
SpaceX shares rose about 8% on Monday to roughly $171, the strongest close since mid-June. Morgan Stanley analysts said the stock looks cheap at current levels and kept a $300 price target. They pointed to future AI product releases, Starship progress and more neocloud contracts.
Why this matters: Analyst language that treats SpaceX as undervalued after a post-IPO slide is fuel for the next leg. The same company that just flew Starship, Crew and Heavy is now being framed as a buy before the next test and earnings.
SDA Tranche 1 slips to Thursday
Falcon 9 had an auto abort just prior to T-0 on Monday at Vandenberg. Vehicle and payload were reported in good health. SpaceX is now targeting Thursday, October 8 for the Space Development Agency’s fourth Tranche 1 data transport mission.
Why this matters: National security cadence still moves even when a scrub happens. The workhorse resets and flies again. Last week’s Heavy debut for the NRO already showed the defense relationship is expanding.
Starlink half-price for Starbase neighbors
Starlink is offering a 50% discount on residential plans for neighbors in the Cameron County area around Starbase, Texas. The post noted that thousands of team members and their families live in the Rio Grande Valley and that SpaceX is building the future from there.
Why this matters: Local goodwill is operational infrastructure. When the launch site is also a community, discounted connectivity is a practical way to keep the relationship healthy.
Grok Imagine keeps getting the boost
Elon continued amplifying Grok Imagine videos over the last day, including a “SAY. SI.” clip and other user creations. The product is being treated as a creative tool that ships finished work, not just a chat demo.
Why this matters: Distribution through creation is sticky. When people use the model to make things they share, the loop compounds without paid acquisition.
Roadster still on for October 15
The outdoor demo remains scheduled for October 15 after the earlier weather slip from October 1. Nine days remain. The ducted-fan patent and deposit base are still the main signals that the event is real.
Why this matters: The calendar is short enough that every day without a new delay is information. The empire has more than one vehicle on a countdown.
THE MAIN EVENT
WEALTH
Thirteen digits again
Elon Musk is a trillionaire again. Bloomberg put the number at about $1.04 trillion after a single-day gain near $65 billion. Forbes and other trackers landed in the same range. The last time the fortune required thirteen numerals was roughly three months ago, after the SpaceX IPO peak and the subsequent slide.
The driver was SpaceX. Shares rose about 8% on Monday to roughly $171, the strongest close since mid-June. Morgan Stanley analysts said the stock looks cheap and kept a $300 price target, citing AI product releases, Starship progress and additional neocloud contracts. Tesla also advanced after the recent deliveries beat.
More than 98% of the net worth still sits in SpaceX and Tesla. When those two move together, the scoreboard moves with them. Last week’s launch cadence and the analyst note arrived in the same window. Markets noticed.
My take: The trillion number is a lagging indicator of the operating company. Starship to orbit, Crew on record time, Heavy for the NRO and a rideshare with a Google AI pathfinder all happened before the stock re-rated. The paper followed the hardware.
ELON ON X
IMAGINE
“Grok Imagine”
Amplifying user-created video, including a “SAY. SI.” clip made with the tool.
BOT
“Grok @Bot”
Continuing the push to treat the bot as a hireable employee that owns work.
RAM
“This is why RAM is so expensive” 🤣🤣
Reacting to the ongoing memory-cost conversation around AI silicon.
THE TROLL REPORT
🧌 “The IPO was a trap”
SpaceX just printed its strongest close since June after a major bank called the stock cheap. Paper follows hardware. Last week’s flights were the setup.
🧌 “Another scrub, typical”
Auto abort, vehicle healthy, retarget Thursday. That is how a high-cadence program behaves. The next attempt is already on the calendar.
“Propagating super intelligence to the stars is a great success condition for a biological bootloader.”
Sources: Bloomberg Billionaires Index · Forbes Real-Time · Morgan Stanley note via multiple outlets · SpaceX SDA updates · Starlink Cameron County post · Elon Musk posts. Claims can evolve after publication.
Tomorrow morning
One sharp briefing across the whole empire.
I do the digging tonight. You get the signal in a few focused minutes.
