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

India Slams China: India reprimands China for the audacity of naming areas of Arunachal, called it an inseparable part of the country

India has taken a tough stand on the Chinese audacity of naming the areas of Arunachal Pradesh. I

'Due to the terrorist attack in India...', Pakistan's first reaction on Pahalgam attack; Know what it said

So far 27 people have been reported dead in the terrorist attack in Pahalgam, Jammu and Kashmir.

Son Of Sardaar 2: The film's troubles increased even before its release. Did 'Saiyaara' and 'Mahavatar Narasimha' spoil the game?

Bollywood actor Ajay Devgan's much-awaited film 'Son of Sardar 2' is going to hit the theatres on

Was Esha Gupta Hardik Pandya's dream girl? The bold queen said- we were on a dating stage...

Along with Hardik Pandya's cricket career, his fans are also impatient to know about his love lif

Smriti Mandhana: After her wedding was canceled, Smriti Mandhana posted a shocking update on Instagram, leaving everyone stunned.

Indian women's cricketer Smriti Mandhana has been continuously in the headlines. After her weddin

IND vs SA 5th T20I: Hardik Pandya fulfilled his promise to his girlfriend, giving her a flying kiss after his explosive fifty.

Indian all-rounder Hardik Pandya unleashed a devastating performance in the 5th T20 against South

Salman Khan: 'Won't you welcome?' Salman Khan's entry in ISPL, Bhaijaan becomes the owner of the Delhi franchise, know more

Before the start of the third season of the Indian Street Premier League (ISPL), the name of acto

Wednesday 2 Teaser: The crazy girl with a cut hand and magical powers will show her magic again, when will Wednesday 2 be release on OTT

If we talk about Hollywood's great web series, then the name of Wednesday is definitely included

IND vs ENG: 'Only on flat pitches...', what did Manjrekar say about Indian batsmen? He also spoke about Pant's injury

Former Indian cricketer and commentator Sanjay Manjrekar has praised the Indian batting in Manche

Amaal Malik plays another 'game' with Tanya Mittal, a new twist on the sweater in 'Bigg Boss 19'

Every day, the reality show Bigg Boss 19 sees a new drama unfold. Sometimes it's a fight over hou