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).

1 Like 0 Dislike
Previous news Next news
Other news

PM Modi: PM Modi gave a gift of Rs 5100 crore to Arunachal, said – the northeastern states are Ashtalakshmi for us.

Prime Minister Narendra Modi inaugurated key infrastructure projects worth over ₹5,100 crore in

IND vs ENG: 'When I meet Akash Deep, I will hug him', said Yuvraj Singh, giving this statement on Gill's captaincy

The third match of the five-match Test series between India and England will be played at Lord's

Parineeti Chopra: Parineeti and Raghav's house will soon resonate with laughter, the actress announced her pregnancy

Bollywood actress Parineeti Chopra and her husband-politician Raghav Chadha, are going to become

IND vs PAK Tickets: The India-Pakistan match generated immense excitement, and the website crashed as soon as the ticket window opened.

The official website BookMyShow crashed on Wednesday as soon as tickets for the India-Pakistan T2

What did Kunal Kamra say to Shinde that created a ruckus; now the police have filed a case.

Maharashtra politics has become bitter over the comments of comedian Kunal Kamra. Many Shiv Sena

Donald Trump: 'This will not affect foreign language films,' says PGOI president on Trump's decision

US President Donald Trump recently announced a 100% tariff on films produced outside the U.S. In

'You will have to go to the police station', SC gave the order in Ranveer Allahbadia case; said- 'No license to say anything'

The Supreme Court on Tuesday reprimanded YouTuber Ranveer Allahabadia for using obscene language

Parakram Diwas: 'There is no obstacle in bringing Netaji's remains back to India', family members filed a petition again

Refuting perceptions of hurdles in repatriating Netaji Subhas Chandra Bose's mortal remains kept

PBKS vs KKR: Rahane said- I am responsible for the defeat against Punjab; Ponting said something shocking about Chahal

Punjab Kings defeated Kolkata Knight Riders by 16 runs in Mullanpur on Tuesday in IPL 2025. In th

Delhi Weather: Strong storm, rain and hail changed the mood of the weather... When will it rain now, what will be the speed of the wind?

The sun rained fire from the sky throughout the day in the capital on Wednesday, and people were

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