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

'Made fun of faith', BJP got angry at Kharge's statement on Maha Kumbh; Sambit Patra gave this challenge.

BJP has criticized Congress President Mallikarjun Kharge for his comments on BJP leaders taking a

Stuntman SM Raju Death: Police action in stuntman's death case, case filed against many people, including Pa. Ranjeet

There was a stir in the Tamil film industry when the news of the tragic death of well-known stunt

The issue of the pigeon house in Mumbai and elephant Madhuri in Kolhapur is hot, CM Fadnavis assured to find a solution.

These days, the issue of pigeon houses and elephants is hot in Maharashtra. Jain community staged

Avneet Kaur: Avneet met Hollywood actor Tom Cruise, users trolled him, saying- Who is this girl who is following her

Tom Cruise is currently in the limelight among the Indian audience with his film 'Mission Impossi

Saif Ali Khan: Lawyers clashed in the court to defend Saif's attacker; Magistrate mediated as referee

During the hearing of the accused of the attack on Saif Ali Khan in Bandra court, some strange sc

Which country will be Trump's next target after Venezuela? Why is Europe worried, and how difficult would an invasion be for the US?

The US military attack on Venezuela and the capture of President Nicolás Maduro have shock

Is Yuzvendra Chahal dating RJ Mahavash? Yuji himself revealed the truth.

Indian cricketer Yuzvendra Chahal recently spoke openly about his personal life in Raj Shamani's

Congress Vs BJP: Amit Shah told the achievements of NDA, saying- this is the golden period of public service, Congress raised questions

On the completion of 11 years of the NDA government, Union Home Minister Amit Shah on Monday talk

SIR: The SIR (Special Investigation Report) period will be extended once again; nearly 2.75 crore survey forms have not been returned in Uttar Pradesh.

Uttar Pradesh is almost certain to get another week for the Special Intensive Revision (SIR) of t

Justin Trudeau Resign: 'Trudeau's resignation will improve India-Canada relations', Congress said - his tenure was full of foolish policies

Canadian Prime Minister Justin Trudeau has announced his resignation from his post. Not only in C