The fortune of the world’s richest person jumped by $65 billion on Monday to $1.04 trillion, according to the Bloomberg Billionaires Index, as the value of his stakes in SpaceX and Tesla Inc. rose. SpaceX shares are up 13% since the start of October while Tesla has gained 6.

Musk first hit trillionaire status briefly in June.

Elon Musk, the world’s richest man, has once again saw his net worth topped US$1 trillion as stocks of his companies SpaceX and Tesla surged.

SpaceX CEO Elon Musk posted on Sunday that he would rename ​the company's AI unit to SpaceXSI, ‌following US President Donald Trump's push to use the term "super intelligence" instead of "artificial intelligence.

A sliding euro is the latest alarm bell for policymakers facing a surge in French borrowing costs that has started to spill over into the broader euro ​area.

The euro was weighed down by France’s fiscal woes and concerns about increased French government spending.

The dollar started the week on a firm footing, hovering near a 17-month high on Monday as ​traders weighed receding odds of a Federal Reserve rate hike this month after soft US jobs data while fiscal ‌worries in France left the euro vulnerable.

The dollar started the week on a firm footing, hovering near a 17-month high on Monday as traders weighed receding odds of a Federal Reserve rate hike this month after soft US jobs data while fiscal worries in France left the euro vulnerable.