When Donald Trump became the President, Elon Musk's wealth increased so much that you will not believe that no one in history is so rich!


Posted on 12th Dec 2024 10:44 am by rohit kumar

During the US presidential election, Elon Musk, the owner of SpaceX, Tesla, and social media platform X, was in the news. Tesla CEO Elon Musk spent money like water for Republican Party candidate Donald Trump in the US presidential election. At the same time, big news has come out about his wealth. According to a Bloomberg report, Elon Musk has become the first person in history to reach a net worth of more than $ 400 billion. Elon Musk has achieved this feat after the recent insider share sale and the results of the US election.

 

According to the Bloomberg Billionaires Index, the internal share sale of Elon Musk's company SpaceX has increased Elon Musk's total wealth by about $ 50 billion, taking Musk's total wealth to $ 439.2 billion. At the end of 2022, SpaceX owner Elon Musk's total wealth saw a decrease of more than $ 200 billion. However, after Donald Trump was elected as the new President of the United States last month, his supporter Elon Musk has gained a lot.

 

Did you know?Explore Trending and Topic pages for more stories like this.

Tesla Inc. shares rise 65 percent.

 

According to Bloomberg's report, Tesla Inc. shares have risen by about 65 percent since the US presidential election. Markets anticipate that Donald Trump will streamline the rollout of autonomous cars and eliminate tax credits for electric vehicles that help Tesla's competitors.

 

At the same time, Elon Musk will also play an important role in the administration of newly-elected President Donald Trump after being named as the co-head of the newly formed government Department of Government Efficiency (DOGE).

1 Like 0 Dislike
Previous news Next news
Other news

TCS Layoffs: After the announcement of layoffs, TCS shares fell by two percent. The company is laying off 12000 employees

Shares of Tata Consultancy Services (TCS) fell nearly two per cent on Monday. The company has sai

Ahmedabad plane crash victims' families may get Rs 1.5 crore compensation, and Air India will also get crores.

Air India flight AI171 (Boeing 787, VT-ANB) crashed in Ahmedabad yesterday. All 241 people on boa

Who is behind coach Gautam Gambhir's success? Winning the World Cup repaid his debt; he gave full credit to these two people.

March 8, 2026, has been etched in the golden pages of Indian cricket history. The Indian team won

IPL 2026: Will the Sale of RCB Set a New Record in the League? Bidding for the Franchise Approaches $2 Billion.

The sale of the renowned IPL franchise, Royal Challengers Bangalore (RCB), has now reached its fi

Dhanashree's heart broke after her divorce from Yuzvendra Chahal, cricketer's ex-wife seen crying in her first post?

Dance choreographer Dhanashree Verma and cricketer Yuzvendra Chahal's marriage has broken. After

A Heart-Stopping Incident from the Cricket Field: Umpire Stabbed to Death Over Run-Out Decision

Cricket is a game of glorious uncertainties, where no one can ever predict what might happen or w

Now everyone will get cheap medicines, government will open 25 thousand new Jan Aushadhi Kendras.

More than 15,000 Jan Aushadhi Kendras have been opened across the country so far and the governme

Kerala High Court takes a strong stand on 'The Kerala Story 2'! It urges the makers not to release the film; this is the main reason.

The case regarding the upcoming film "The Kerala Story 2" is pending before the Kerala High Court

'I have been silenced, not defeated': AAP MP Raghav Chadha reacts to being denied the opportunity to speak in the Rajya Sabha.

In a major blow to its Rajya Sabha MP Raghav Chadha on Thursday, the Aam Aadmi Party (AAP) remove

IPL 2026: 'To Gujarat's Education Minister...', Ravindra Jadeja Credits Wife Rivaba for His Magnificent Performance

Ravindra Jadeja led the Rajasthan Royals to victory with a magnificent all-round performance. In

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash