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).
Gold and Silver Prices Surge Again; Gold Breaches ₹1.61 Lakh Amid Strong Market Rally
Gold and silver prices registered a sharp surge on Tuesday in the bullion market of the national
DMK MP Kanimozhi Karunanidhi filed a notice of breach of parliamentary privilege on Monday agains
Trade unions have called for a nationwide strike on Thursday, demanding the repeal of four new la
The Election Commission has once again rejected Congress leader Rahul Gandhi's claims of the remo
Mayday, Mayday... Who did the pilot call before the Ahmedabad plane crash?
Air India's plane AI-171 has crashed in Ahmedabad, Gujarat. There were 242 passengers on board th
Indian cricketer Rinku Singh has tied the knot. On Sunday, the star player got engaged to Samajwa
Thousands of devotees thronged to have darshan of Lord Jagannath, Balabhadra and Devi Subhadra on
Well-known YouTuber Ranveer Allahabadia is in the news these days for his controversial statement
Pakistan has signed a defense agreement with Saudi Arabia, which states that an attack against ei
India and the US have presented a framework for an interim trade agreement. This is a crucial par
