
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).
Bengaluru Stampede Case: Who is Nikhil Sosale? Whom police arrested in Bengaluru stampede case
The Bengaluru police arrested Nikhil Sosale, marketing head at Diageo India for Royal Challengers
Fans are eagerly awaiting director Nitesh Tiwari's upcoming mythological drama, Ramayan. There's
A very powerful picture emerged from the platform of the Shanghai Cooperation Organization (SCO)
The Congress party has launched a frontal attack on the Central Government over the issue of wome
Gold Price Today: Gold Crosses ₹1.53 Lakh, Silver Surges Sharply; Check Latest Bullion Market Rates
Gold and silver prices witnessed a sharp rally in the bullion market after signs of easing geopol
Eye Burning While Using Phone or Laptop? Enable These 2 Hidden Settings for Instant Relief
In today’s digital world, smartphones and laptops have become an unavo
Ind vs Pak: Setback for PCB, ICC rejects demand to remove match referee; What will Pakistan do now?
The ICC has formally rejected the demand of the Pakistan Cricket Board (PCB) regarding the 'no ha
Despite winning the Asia Cup 2025 final, the Indian team was denied the trophy after captain Sury
In the pain of Dharali, we can see man's big mistake in not understanding nature. Of course, the
Dense fog enveloped the national capital, Delhi, on Monday morning. The India Meteorological Depa