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).
Recently, Ranveer Allahabadia made objectionable comments in comedian Samay Raina's YouTube show
Heatwave Alert: Simple Tips to Protect Your AC, Fridge, and Smartphone From Overheating This Summer
As temperatures continue to soar across the country, people are taking precautions at every level to
Coronavirus continues to pose a serious threat to health globally. The rising cases in this new w
There has been a major lapse in the security of the Parliament House once again. A person entered
The level of drama and conspiracy in 'Bigg Boss Season 19' is increasing with each passing day. F
The administration has taken strict action after the incident that took place at New Delhi Railwa
The war of words between BJP and Congress, which began after the death of former Prime Minister D
There is reportedly a rift between Elvish Yadav and Prince Narula. Many times, news of difference
A controversy has erupted over the new notification issued by the University Grants Commission (U
PPF Interest Rate Unchanged at 7.1%: Government Retains Small Savings Scheme Rates
The Ministry of Finance has announced the latest interest rates for Central Government-backed sma
