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

Maharashtra: 'I will give a reward of 11 lakhs for killing the person who converts people', provocative statement by Maharashtra BJP MLA

A BJP MLA from Maharashtra has made an inflammatory statement. In Sangli, BJP MLA Gopichand Padal

Covid-19 in India: 2 people died in two days in the country; Active patients increased rapidly in these states including Maharashtra

Corona cases have started increasing once again in the country. After Kerala, Karnataka, there is

Delhi Liquor Scam: A case will be filed against Kejriwal and Sisodia in a money laundering case, ED gets approval from the Home Ministry

Amid the Delhi Assembly elections, the troubles of Aam Aadmi Party convener Arvind Kejriwal and f

Terrorists were planning a major Diwali bombing, but then postponed the plan; shocking revelations in the Delhi blasts.

New revelations are continuously emerging regarding the car bombing in front of the Red Fort (Del

Supreme Court: 'Supreme' challenge given to some provisions of Places of Worship Special Provisions Act; CJI's bench will hear today

The Supreme Court will hear on Thursday a batch of PILs challenging the validity of certain provi

Shubman Gill makes a big demand from the BCCI... suggests a new Test rule to avoid defeats in Test cricket.

Since Gautam Gambhir became the head coach of the Indian team, Team India has suffered two clean

Maha Kumbh stampede: There will be a judicial inquiry into the accident, a three-member committee will investigate and submit a report, and compensation of Rs 25 lakh will be given

The Chief Minister ordered a judicial inquiry into the accident and constituted a three-member ju

Hera Pheri 3: Suniel Shetty spoke on Paresh Rawal's return in 'Hera Pheri 3', said- 'Fine-tuning has been done...'

The audience is eagerly waiting for 'Hera Pheri 3'. The film has been in constant discussion for

Vijay Rupani: The number of the first car and the years old scooter was '1206', the lucky number became unlucky for Vijay Rupani; know why he considered it auspicious

Former Gujarat Chief Minister Vijay Rupani also died in the Ahmedabad plane crash. 241 people on

'The government has made Ganga a center of event management', Shivpal Yadav took a jibe after the CPCB report.

During the discussion on the address of Governor Anandi Ben Patel in the Assembly on Wednesday, s