SpaceX shares jumped dramatically, lifting Elon Musk's net worth above Bitcoin's market capitalization on June 17.
Stock Surge and Wealth Growth
SpaceX (NASDAQ: SPCX) opened at $135 on June 12 and has risen roughly 50% since, with an 8% rally on June 16 alone. The surge added about $102 billion to the company's valuation, bringing its market cap near $2.8 trillion and inflating Musk's personal fortune by 5.65%, according to Forbes.
Comparison with Bitcoin
Bitcoin (BTC), the leading crypto, maintains a market cap of roughly $1.3 trillion, trailing Musk's $