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

Maha Kumbh 2025: So far one crore people have taken an Amrit bath on Makar Sankranti, see PHOTOS of the amazing view on the Sangam coast

People from all over the country and the world gathered for the Mahasnan of Mahakumbh in Tirthara

'We will blow up Maharashtra CM's office with a bomb...', Mumbai Police receives a threat from a Pakistani number

Maharashtra CM Devendra Fadnavis has received a threat once again. This time a WhatsApp message t

SIP vs PPF: Which Investment Will Create a Bigger Education Fund for Your Child in 18 Years?

Planning for your child’s higher education has become more important than ever in today&rsq

Toronto Plane Crash: 'We were hanging upside down like bats', people on board the plane narrated their ordeal

A Delta Airlines plane met with an accident at Toronto Airport in Canada. Now pictures and videos

Ethanol Blending Row: Nitin Gadkari Challenges Critics, Asks 'Which Vehicle Faced Issues Due to E20 Petrol?'

Union Road Transport and Highways Minister Nitin Gadkari has strongly defended India's E20 ethano

GG vs MI: Gujarat qualifies for the playoffs with their first win against the Mumbai Indians; Harmanpreet Kaur's efforts go in vain.

Gujarat Giants qualified for the playoffs by defeating Mumbai Indians by 11 runs. Interestingly,

Anurag Dobhal's pregnant wife arrives at the hospital, provides health update, and makes this request to fans

Social media personality Anurag Dobhal is in the news after a car accident. He was involved in an

KKR vs SRH: BCCI Takes Action Against Abhishek Sharma; Uttering 'Obscene' Word During Match Proves Costly—Heavy Fine Imposed

Sunrisers Hyderabad secured a 65-run victory over Kolkata Knight Riders, thereby opening their wi

'Gautam Gambhir is not a coach!' Kapil Dev makes a big statement, saying, 'What will he teach a leg-spinner or a wicketkeeper?'

Kapil Dev, the captain who led India to the 1983 World Cup title, has expressed his opinion on Ga

Monsoon Updates: North India is in bad condition due to intense heat, when will it rain in Delhi, UP, and Bihar? Read the new update of IMD

The scorching heat in North India has made life difficult for people. At the same time, the Meteo

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