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.

 

Did you know?Explore Trending and Topic pages for more stories like this.

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

Maharashtra: MNS rally against traders' protest, police detain activists

In response to the protest by traders against the slapping of a food stall owner in Maharashtra,

The mastermind of the Sydney attack had gone to Australia from Hyderabad on a student visa, Telangana police revealed.

Sajid Akram, the man who carried out the attack during the Hanukkah festival at Bondi Beach in Sy

HDFC Mutual Fund Imposes Restrictions on Gold ETF & FoF Investments: What Investors Need to Know

In a major development for gold investors, HDFC Mutual Fund has announced fresh restrictions on i

Yamuna Floods: Yamuna below danger mark in Delhi, water level is decreasing rapidly, but there is danger of diseases.

The Yamuna River in Delhi has reached below the danger mark of 205.33 meters. Due to this, the wa

TCS Manager Suicide: That pain of Manav... Sister said- Full faith in the police, wife Nikita gets a big shock from High Court.

Allahabad High Court has refused to stay the arrest of IT company manager Manav Sharma's mother-i

Prayagraj Commissionerate in big preparations before Maha Kumbh, 13 new police stations and 23 police posts have been built

A strong cordon is being made for the security of the devotees in the outer cordon of the Mahakum

120 Bahadur Teaser: The heroic saga of 120 soldiers will be shown on screen, teaser of Farhan Akhtar's film released

Actor Farhan Akhtar, who made a great patriotic film like Lakshya, will now be seen playing the r

CISCE Result 2026: Class 10 and 12 Results Declared; Check via This Link; Apply for Re-verification Starting May 1.

The Council for the Indian School Certificate Examinations (CISCE) released the ICSE (Class 10) a

Trump's stance softens on Tariff War! Relief for Mexico and Canada, exemption from tariff till April 2

US President Donald Trump announced Thursday that the 25 percent tariff on most goods imported fr

Cyclone Ditwah: Schools and colleges closed in Tamil Nadu amid heavy rains, IMD issues alert in many areas

The administration is on high alert in view of Cyclone Ditwah. Following the forecast of heavy ra

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