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

PAK Boycott Asia Cup: Pakistan packs its bags even without the boycott! Understand how easily

The difficulties of the Pakistan cricket team have increased in the Asia Cup 2025. After sufferin

Delhi New CM: Will Delhi get a woman chief minister? These four names are in the race; Know how much truth is there in this claim.

After Sushma Swaraj, Sheila Dixit, and Atishi, Delhi can once again get a woman chief minister. B

Waqf Board: 994 Waqf properties are occupied across the country, this state has seen the most encroachment

The Central Government on Monday (9 December 2024) gave important information related to the prop

President Draupadi Murmu is coming to Maha Kumbh today and will take a holy dip in Sangam... CM Yogi will also be present.

On Monday, February 10, the first citizen of the country, President Draupadi Murmu will set foot

Waqf Bill: Indian Muslim League angry with Rahul-Priyanka, called this move of Congress MP a 'black spot'

The Indian Union Muslim League has expressed dissatisfaction over the absence of Wayanad MP and C

BJP workers going to PM Modi's public meeting were attacked, several vehicles were vandalized; and a dozen people injured

BJP workers and supporters who were going to attend the public meeting of Prime Minister Modi in

Delhi Weather Update: Weather changed in Delhi-NCR, darkness spread due to thick clouds, light rain started at many places

After heavy rain on Wednesday night in Delhi and NCR, light rain continued on Thursday as well. E

Dhoot Transmission IPO Review: Should you invest in the Dhoot Transmission IPO? What do the experts say?

Dhoot Transmission Ltd, a major Indian auto-component manufacturer, is set to launch its initial

IPL 2026: Australian Fast Bowlers Create Trouble—3 Franchises Hit by a Blow, but CSK Set to Face the Biggest Setback.

Ahead of the 2026 IPL season, Australian fast bowlers have created a predicament. Chennai Super K

Bangladesh: Mohammad Yunus said thank you for India's help, told the doctors - You have a very big heart

Mohammad Yunus, Chief Advisor of the Interim Government of Bangladesh, praised the team of 21 for

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