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.
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).
India-US Tariff War: India takes tough stand on threats...diplomatic relations may get derailed
India has also adopted a tough stance on repeated threats by US President Donald Trump to buy oil
Actor-turned-politician Vijay has started entering Tamil Nadu politics. His party, Tamilaga Vetri
The upcoming winter in India will be more severe than in previous years. According to the latest
The weather took a sudden turn in most parts of the country, including Delhi-NCR, on Friday morni
Vishwa Hindu Parishad (VHP) has decided that it will run a campaign to free all Hindu temples fro
iQOO Z11xa 5G First Sale Today: 7200mAh Battery and 50MP Camera, Check ₹28,999 Price
iQOO has started selling its new iQOO Z11xa 5G smartphone in India from today, September 14. The
Viewers eagerly await Bigg Boss 19's Weekend Ka Vaar. This Weekend Ka Vaar season, viewers receiv
Now, as we move toward the euphoria of the results, the Bihar elections have rarely seen such a d
RJ Mahvash is in the news for her rumored boyfriend, cricketer Yuzvendra Chahal. In such a situat
The people of Iran are on the streets, protesting violently against the Khamenei government. Ange
