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).

Other news

Bangladesh Unrest: Violence against minorities continues unabated in Bangladesh; six Hindus killed in 18 days.

Attacks against minorities in Bangladesh show no sign of stopping. In the violence that erupted a

IMD issues red alert; over 70 trains arriving in Delhi are delayed by up to 15 hours due to dense fog; see the complete list.

Dense fog enveloped the national capital, Delhi, on Monday morning. The India Meteorological Depa

Diljit Dosanjh: 'Om Namah Shivay', Punjabi singer Diljit Dosanjh participated in Bhasma Aarti; did puja sitting in Nandi Hall

Punjabi singer Diljit Singh Dosanjh this morning participated in the daily morning Bhasma Aarti o

Shadab Jakati: How much is a 10 rupee biscuit? Dear Shadab, bought Mahindra Scorpio, what is the specialty and what is the price?

Shadab Jakati, who went viral on social media with 'How much are 10 rupee biscuits', has recently

School Bomb Threat: Many schools in Delhi again received bomb threats, police and fire department reached the spot

Some schools in Delhi have received bomb threats this morning. Schools in South Delhi and North W

'Waqf Bill was passed forcefully...', Sonia Gandhi surrounded the government on Waqf Bill; said - an attack on the Constitution.

The Waqf Amendment Bill was passed in the Lok Sabha amid opposition from opposition parties. Toda

Disha Patani Photos: Disha Patani pulled the black skirt down from her waist. Users got angry after seeing the photo, said- Then this sadhu...

Disha Patani is a famous actress of Hindi cinema. More than her film career, Disha remains in the

Delhi Election 2025: Kejriwal put an end to speculations of AAP-Congress alliance, said- will fight elections alone

Arvind Kejriwal has put an end to the news of the alliance between the Aam Aadmi Party and Congre

Shraddha Kapoor: Fans upset with Shraddha Kapoor's cryptic post, asked if the account was hacked?

Bollywood actress Shraddha Kapoor is very active on social media. She keeps sharing things relate

Gujarat Typhoid Cases: Over 110 cases of typhoid reported in Gandhinagar; Amit Shah issues important directives amid concerns.

Union Home Minister Amit Shah has directed the administration to work on a war footing after susp