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.

 

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

Supreme Court takes action on Jairam Ramesh's petition regarding CCTV footage of elections, seeks response from EC.

The Supreme Court has sought a response from the Election Commission in the matter of the Electio

Virat Kohli: Anurag Kashyap got emotional due to Virat Kohli's retirement, shared an old photo, and wrote his heart out

Cricketer Virat Kohli announced on Monday that he is retiring from Test cricket. His decision sho

People are suffering due to severe heat across the country, when will they get relief? IMD told what will be the weather like in the next 4 days

These days, there is a severe heat wave across the country. North India is burning a lot, if we t

Sonam Raghuvanshi: So did Sonam throw Raja's body in the ditch? Many secrets were revealed in front of SIT; Albert told about the scooter.

Sonam Raghuvanshi, who murdered her husband Raja Raghuvanshi on their honeymoon and threw his bod

Coldplay concert also attracted PM Modi's attention, he said- there is a lot of scope in this...

British band Coldplay is doing the 'Music of the Spheres' tour in India. Recently they performed

Mika Singh: 'We can't stop these donkeys, we even get notices...', Mika Singh said on Ranveer Allahabadia controversy

Famous singer Mika Singh has commented on the controversy related to Ranveer Allahabadia and Sama

Delhi Chunav 2025: Our MLAs raised the challenge for AAP candidates, tickets of more than 20 MLAs were cut

In Delhi Chunav 2025, the challenge is more on those seats where Aam Aadmi Party (AAP) had cut th

'Extreme Heat' raining from the sky, heatwave warning issued in many parts of Bihar till June 15; When will it rain?

After Jeth, the sky is raining fire in Ashadh as well. There is not much difference between morni

Udaipur Files: Delhi High Court bans film 'Udaipur Files', producer Amit Jani will go to Supreme Court

The Delhi High Court has banned the release of the film 'Udaipur Files' based on the Udaipur murd

Panchayat 4 Reaction: ‘Some wins hurt more than losses’, fans said after watching Panchayat season 4 – ‘This is not just a show…’

People's wait is over and the most awaited show of the year 'Panchayat Season 4' has now been rel

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