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).
The sudden change in weather on Wednesday night in Delhi NCR, Haryana and Uttar Pradesh caused ha
Petrol Era Ending? Government Pushes 100% Ethanol Fuel—Will Prices Drop by 50%?
India Moves Towards a 100% Ethanol Fuel Future
India could soon witness a
BJP workers and supporters who were going to attend the public meeting of Prime Minister Modi in
Due to heavy rains in the district of Kullu last night, a cloudburst in Samana of Laghati has cau
Union Home Minister Amit Shah chaired a meeting at the Home Ministry to review the security situa
The court has delivered its verdict on five serious charges against former Bangladesh Prime Minis
While the entire administrative machinery was occupied with arrangements for the President’
Tecno has officially introduced its latest smartphone, the Tecno Spark 50 Pro, targeting users lo
Hosting the 2036 Olympic Games has always been a long-term goal for the Indian government. Ahmeda
India's star fast bowler Mohammed Shami and his wife, Hasin Jahan, are in the news these days. Th
