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

Anant Ambani Padyatra: Anant Ambani's journey of faith, walked 170 kilometers from Jamnagar to Dwarka

In our country, walking has been a very old tradition, which is considered a spiritual way to con

Tariffs are illegal, so what now? A distraught Trump has imposed additional tariffs worldwide. Relief for India or something else? Understand the full story.

The global uproar over US tariffs has intensified again. This is primarily due to the US Supreme

Students and police clashed during Sonam Wangchuk's protest in Leh; the BJP office and a CRPF vehicle were set on fire.

A protest is underway in Leh, demanding full statehood for the Union Territory of Ladakh. Violent

"I myself have given 20 crore...", Shilpa Shetty's patience finally broke, and she expressed her sorrow with a verse from the Bhagavad Gita.

Shilpa Shetty has once again found herself embroiled in a major controversy. While reports surfac

National Sports Day: India's strength was seen in sports ranging from chess to cricket, and the tricolor waved with pride on the world stage

Sports Day is celebrated every year on 29 August in the country on the birth anniversary of Hocke

'There is a big flaw in the system... Election Commission has also compromised', Rahul Gandhi raised the issue of Maharashtra elections in America

Leader of Opposition in Lok Sabha Rahul Gandhi has reached America. He addressed a session of stu

ICC vs PCB: Pakistan wants to reverse its decision to boycott matches against India, but has laid down these three major conditions.

The T20 World Cup 2026 is currently being held in India and Sri Lanka, with a total of six matche

BJP vs Congress: 'Well thought out strategy to create chaos', BJP hits back at opposition's march; Rahul cornered

BJP has strongly countered the opposition's Election Commission march over the Bihar SIR case. Un

Who is the singer behind the song 'Sarke Chunar', and does lyricist Rakib Alam have a long-standing association with 'double-meaning' songs?

The song ‘Sarke Chunar Teri Sarke’ from Sanjay Dutt and Shilpa Shetty’s film KD

'Will Rahul Gandhi play cricket now...?' Comment on Rohit Sharma's weight created a ruckus; BJP gave a befitting reply to Congress.

India's victory celebrations against New Zealand in the Champions Trophy are continuing. Meanwhil