Trillionaire Musk Is Three Times Richer Than Closest Rival

In a post on the social media platform he owns, Elon Musk recently lamented, “Whoever said ‘money can’t buy happiness’ really knew what they were talking about.” Now the world’s richest person can put that maxim to an even bigger test as he adds a new title: world’s first trillionaire. Gautam Mukunda joined David Gura and Christina Ruffini on Bloomberg This Weekend to discuss how shares of SpaceX rose 19% Friday to $160.95 each in their first day of trading, vaulting the value of the rocket and AI company Musk founded to $2.2 trillion. His fortune now stands at the once-unimaginable figure of $1.1 trillion, according to the Bloomberg Billionaires Index. That’s more than three times that of the world’s second-richest person, Google co-founder Larry Page. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts