Nigeria, June 30 -- SpaceX founder Elon Musk has regained his trillionaire status after a rally in SpaceX and Tesla shares boosted his net worth by more than $60 billion, following a major decline earlier in June.

Shares of SpaceX rose 7.6 per cent, while Tesla gained 8.6 per cent as of Monday, increasing Mr Musk's net worth by $62.3 billion to more than $1 trillion, according to Forbes.

On 24 June, the aerospace entrepreneur fell below the trillion-dollar threshold after his net worth declined by 31 per cent to an estimated $962 billion.

The decline followed a slump in SpaceX's stock price and new restrictions on $116 billion worth of Tesla shares earlier in June.

Meanwhile, on 12 June, Mr Musk's net worth rose to an estimated $1.1 t...