> SpaceX soars another 20%—rocketing Musk’s net worth to $1.3 trillion

https://www.forbes.com/sites/tylerroush … eamIndex=0

Shares of SpaceX surged more than 19.5% on Monday, closing at more than $192 and extending Friday’s opening rally of 19%, while Tesla shares also rose slightly (1.2%).

A further boost in SpaceX shares contributed to a $164.8 billion boost to Musk’s net worth, valued at a record $1.3 trillion, putting him roughly $1 trillion clear of Google cofounder Larry Page ($301.4 billion), who Forbes ranks as the world’s second-wealthiest person.

Musk owns 4.8 billion SpaceX shares and an additional 350 million stock options with an exercise price of $8.40 per share, bringing his stake to about 38%.