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

IND vs AUS: 'I had persuaded him to stay till the pink ball test', captain Rohit Sharma reveals about Ashwin's retirement

India's veteran spinner Ravichandran Ashwin surprised everyone by suddenly retiring on Wednesday.

India Becomes World’s Largest Mobile Data Consumer, Average Usage Reaches 37GB Per User Monthly

India has emerged as the world's leading mobile data consumption market, with smartphone users co

'I will resign from the post of President, I will also do the mineral deal, just America should do this work...' What did Zelensky demand from Trump?

Ukrainian President Volodymyr Zelensky's visit to the US was quite controversial. The verbal war

'My salute to their bravery...', PM Modi shared a post on Vijay Diwas.

December 16, 1971, is the day when India inflicted a crushing defeat on Pakistan, leading to the

Why Did the Weather in Delhi Take a U-Turn? Mercury Drops by Up to 10°C in Just One Hour—Signs of Climate Imbalance

The weather in the national capital, Delhi, has taken a sudden turn, catching residents by surpri

Delhi School Bomb Threat: A bomb threat was received in Delhi schools, panic was created, and police engaged in an investigation

Several schools in the capital Delhi, were thrown into a panic this morning after receiving bomb

Kamal Death Case: The mobile phone kept ringing all night, police groped in the dark; the complete story of the Delhi incident.

"We searched for him all night. We went to every police station, his phone kept ringing, but the

Women's World Cup: Only three Indian players in ICC's Team of the Tournament, find out how many from South Africa and Australia

Three key players from India's World Cup-winning team, Smriti Mandhana, Jemimah Rodrigues, and De

Why is India the biggest threat to other teams?: They have hit 1081 sixes in the last 27 months, averaging a six every 10th ball.

The Indian team has two major goals in the upcoming T20 World Cup. The first is to become the fir

IND vs ENG: 'There is no need to tamper with Test cricket..', Shubman said - the only format that gives you a second chance

Indian captain Shubman Gill has advised the ICC not to tamper with Test cricket. The Indian team

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