**US Stock Market Soars Following Trump's Victory, Billionaire Fortunes Skyrocket**

In an eventful week for U.S. stocks, the market surged dramatically following Donald Trump's presidential election victory. This upturn saw the S&P 500 briefly surpass 6,000 for the first time ever by Friday. The Nasdaq index surged by 5.7%, and the Dow Jones Industrial Average followed closely behind.

No one experienced a more significant financial boost than Elon Musk, who saw the most substantial dollar increase in net worth among billionaires. As the CEO of Tesla and SpaceX and the principal owner of the social media firm X, Musk's fortune swelled as Tesla shares rocketed nearly 30% over the past week. This surge lifted Tesla's market value beyond $1 trillion, adding $41 billion to Musk's net worth and bringing him above the $300 billion benchmark for the first time in two years. Forbes estimated Musk's net worth at $304 billion by Friday's close.

Elsewhere, the cryptocurrency market also experienced significant gains. Bitcoin's price surged to $76,550, just shy of its record high. Consequently, shares of Coinbase Global, a major crypto exchange, leaped by 48%, enriching cofounders Brian Armstrong and Fred Ehrsam. Meanwhile, crypto-friendly stock trading platform Robinhood saw its shares climb 27%, benefitting cofounders Vlad Tenev and Baiju Bhatt.

Tech giants also enjoyed substantial growth. Oracle, led by chairman Larry Ellison, saw its shares rise by 11%, enlarging Ellison's fortune by nearly $24 billion. Amazon's Jeff Bezos and Meta's Mark Zuckerberg also saw their wealth increase by $9 billion and $7.5 billion, respectively.

Besides the election-driven enthusiasm, several companies reported robust quarterly earnings, contributing to the market's impressive performance. AppLovin, a company providing tools for app developers, experienced a noteworthy 77% rise in its stock after reporting better-than-expected third-quarter earnings. This surge added approximately $3.8 billion to CEO Adam Foroughi's wealth, bringing his net worth to $8.7 billion.

Similarly, Doximity, a social network for doctors, saw its shares soar nearly 38% following a strong earnings report. This resulted in a $900 million increase in the fortune of CEO Jeff Tangney. Dutch Bros, a coffee chain, also announced higher revenue projections, leading to a 41% rise in its shares and boosting CEO Travis Boersma's net worth by $900 million.

This remarkable week underscores the close link between political events and market performance, and how significant economic shifts can dramatically alter the fortunes of some of the wealthiest individuals in the world.