Forbes Declares Elon Musk as the World’s First Trillionaire

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NEW YORK--(BUSINESS WIRE)-- #Forbes--On Friday, Forbes declared Elon Musk as the world’s first trillionaire, as SpaceX’s stock began trading on the Nasdaq at $150 per share, giving the company a nearly $2 trillion market cap. Forbes estimates that the IPO has boosted Musk’s fortune to $1.1 trillion, as of Friday morning. His net worth rose by $188 billion to an estimated $982 billion on Thursday evening, when SpaceX priced the IPO at $135 per share. Looking at Musk’s wealth portfolio, the SpaceX chairman