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

Gold and Silver Prices Today: Silver drops by nearly ₹20,400; Gold breaks a 40-year record as prices tumble to $4,354.

Amidst the ongoing tensions in West Asia, gold and silver prices witnessed a decline on the MCX o

'Hardik Pandya for 20-25 balls..', the veterans got angry after Team India's defeat; Gambhir was also not spared.

England cricket team defeated India by 26 runs in the third T20 International match. In this matc

Kantara Chapter 1: Sandeep Reddy Vanga calls 'Kantara 2' a masterpiece, Rishabh Shetty gives a sweet response

South Indian star Rishab Shetty's highly anticipated film "Kantara Chapter 1" released in theater

India's Got Latent Row: Ranveer Allahabadia disappeared after switching off his phone, and police are unable to find him; Time given to Raina till 10th March

In comedian Samay Raina's YouTube show 'India's Got Latent', Ranveer Allahabadia made objectionab

'Everything is being portrayed incorrectly': As trends showed the BJP leading, Mamata Banerjee raised questions about the electoral process.

West Bengal Chief Minister and Trinamool Congress supremo Mamata Banerjee on Monday alleged irreg

AI Hacking: Hackers Become More Dangerous Using AI; CERT-In Issues New Cybersecurity Guidelines

Artificial Intelligence (AI) is rapidly transforming the way people work, communicate, and manage

Rishabh Pant also faced the same fate as Rahul, LSG owner rebuked him in the middle of the ground?

In the 13th match of IPL 2025, Lucknow Super Giants had to face defeat by 8 wickets at the hands

Learn a lesson from the incident at New Delhi Railway Station, Parliament committee gives suggestions to prevent stampedes at stations

After the stampede incident at New Delhi station, the Standing Committee of Parliament has also s

Anushka Sharma turned out to be a lucky charm for Virat Kohli, after RCB's victory he showered love on his wife in public.

Anushka Sharma and Virat Kohli are considered to be the favorite couple of B Town. On most occasi

Will 20 thousand Indians be sent back from America? Modi government is ready to help and knows who is in danger.

US President Donald Trump made several important decisions after taking the oath of office. The T

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