SpaceX surge adds billions to Saudi Prince's fortune, stake nears $7 billion

Saudi Arabian billionaire investor Prince Alwaleed bin Talal's fortune saw a boost after SpaceX's share gains. His investment firm Kingdom Holding Co. surged at Sunday's open after SpaceX's share gains drove the value of the firm's holding to almost $7 billion. Kingdom Holding holds 42.4 million shares in SpaceX, valued at $6.8 billion based on the company's closing price.