
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).
'This is Modi's war...', US connects India with Russia-Ukraine war amid tariff war
Hours after US President Donald Trump imposed a massive 50 per cent tariff on India, his trade ad
Bollywood actor Sunny Deol is currently in the limelight for his upcoming film 'Jaat'. This film
Pawan Modi, father of deceased engineer Atul Subhash, said on Monday that he will also file a cas
The cold is set to intensify in North India. The Meteorological Department has issued warnings fo
Vijay Diwas celebrations, a symbol of India's historic victory in the 1971 war against Pakistan,
In the last 48 hours, 769 new cases of coronavirus (Covid-19 Cases Updates) were reported in the
The Supreme Court may stay some provisions of the Waqf Amendment Act, of 2025. The court said tha
It has been 11 days since the release of the Malayalam film 'Lokah Chapter 1' today on the second
75 percent attendance is mandatory for board examinees in Central Board of Secondary Education (C
On Wednesday, a dispute broke out at the South Asian University (SAU) in Delhi over serving veget