00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Elon Musk became the world's first trillionaire on Friday
00:05after SpaceX opened on the Nasdaq at $150 a share, according to CNBC.
00:11His SpaceX stake is worth more than $766 billion,
00:15and his Tesla stake adds $280 billion,
00:19bringing his total net worth to roughly $1.05 trillion.
00:23The SpaceX IPO added more than $180 billion to his fortune,
00:28making him worth more than the next five richest billionaires combined.
00:33SpaceX shares gained roughly 20% Friday to close just above $160,
00:37valuing the company at more than $2 trillion.
00:40Tesla rose nearly 2% to roughly $406.
00:44Musk was declared a billionaire by Bloomberg and Forbes in 2012,
00:48with Forbes estimating his net worth at $2.4 billion.
00:52Musk's fortune hit $20 billion in 2019,
00:55then surpassed $100 billion the following year after a Tesla stock split.
01:00His wealth has grown roughly tenfold in the six years since.
01:04For all things money, visit Benzinga.com.
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