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.

 

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).

Other news

Apoorva Mukhija went to the police station for questioning and recorded a statement in Ranveer Allahbadia obscene comment controversy case.

Well-known YouTuber Ranveer Allahabadia is in the news these days for his controversial statement

Malegaon blast case: The Victims' family will challenge the verdict in the High Court; Lawyer Shahid said - did not get justice

Lawyer Shahid Nadeem, representing the victim families, said that he will soon challenge the deci

Avengers Doomsday Teaser 2: The epic battle against Doctor Doom has begun, and after Captain America, Thor makes a spectacular return.

The Marvel Cinematic Universe's film Avengers: Doomsday is one of the most anticipated films of 2

Operation Sindoor: Many Bollywood celebs including Amitabh Bachchan, Anupam Kher, and Ritesh Deshmukh gave a strong salute to the surgical strike

On 7 May 2025, India carried out precise missile attacks on terrorist bases in Pakistan and PoK u

Air India Flight Cancel: Air India's Ahmedabad-London flight was canceled, three planes faced technical problems in two days

Air India's Ahmedabad-London flight has been cancelled due to technical fault. This is the same r

HMPV Virus: So far 6 cases of HMPV have been reported in the country, what are the symptoms of the virus? Know everything in 10 points.

HMPV Virus: The HMPV virus that came from China has increased India's concern. Human Metapneumovi

All Party Delegation: Vikram Misri will discuss with the delegation, briefing with MPs going abroad

The central government is sending an all-party delegation to many countries to clarify India's st

Why did viral girl Monalisa suddenly leave Maha Kumbh? She shared the video and told the reason.

Monalisa, known as the beauty fairy of Indore, finally got upset and left Prayagraj Mahakumbh. Be

Champions Trophy 2025: Rohit Sharma and Ravindra Jadeja had a funny conversation while wearing India's new jersey, the video is making a splash

The excitement of the ICC Champions Trophy 2025 is being seen among cricket lovers. In the tourna

The murder of social media influencer: Body found in a car in the parking lot of a private hospital in Bathinda, truth revealed after a foul smell

The body of social media influencer Kamal Kaur alias Kanchan Kumari was recovered from a car park