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).
Adani Ports Shares Fall 3% After Q1 Results; Should You Buy, Sell or Hold the Stock Now?
Shares of Adani Group flagship company Adani Ports and Special Economic Zone (APSEZ) came under s
Sonakshi Sinha married her boyfriend Zaheer Iqbal in June this year. The registered marriage took
Team India New Coach: Khalid Jamil becomes the new coach of the Indian football team, AIFF announced
The All India Football Federation (AIFF) has appointed Khalid Jamil as the new coach of the India
Railway Minister Ashwini Vaishnav on Monday said that the government is giving top priority to sa
Diljit Dosanjh is making headlines for his upcoming film Border 2. Recently, his film Sardaar Ji
Pakistan has secured a place in the Super Four of the Asia Cup 2025. In the match played on Septe
India has taken a tough stand on the Chinese audacity of naming the areas of Arunachal Pradesh. I
Following the BJP's victory in the Bengal elections, Union Home Minister Amit Shah will arrive in
Bollywood actress and MP Jaya Bachchan is once again in the headlines due to her anger. On Tuesda
On Wednesday evening, mock drills will be held at five places in every district of Delhi. War sir
