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

Breaking PSL Rules Proves Costly: PCB Slaps Shaheen Afridi with a ₹1 Million Fine

The PCB has imposed a fine of 1 million Pakistani Rupees on Pakistan's star pacer, Shaheen Afridi

'Youth need skill development...', PM distributed appointment letters to 71000 youth; What did he say about the education system?

Prime Minister Narendra Modi today distributed appointment letters to 71000 newly appointed peopl

PM Modi: PM Modi is on a three-day visit to Gujarat from today; will hold the NBWL meeting, and will also visit Vantara.

Prime Minister Narendra Modi will be on a three-day visit to Gujarat from Saturday. He will chair

Is Today Eid 2026? Is Eid Today or Tomorrow? When Will the Celebrations Take Place in India?

Eid-ul-Fitr is one of the most significant festivals in the Islamic faith. It is celebrated follo

PM Modi will visit France today will attend the AI summit; Rafale deal may be discussed

Prime Minister Narendra Modi will be on a three-day visit to France from Monday at the invitation

RCB vs GT: Kohli's fans trolled actor Arshad Warsi after he flopped against Gujarat, you will be shocked to know the reason

In IPL 2025, Royal Challengers Bangalore had to face defeat at home against Gujarat Titans on Wed

Rajinikanth: Worship at Rajinikanth temple, fans gather outside his home; 'Thalaiva's' 75th birthday celebrated in theatre.

Tamil superstar "Thalaivaa" Rajinikanth is celebrating his 75th birthday today. Fans and celebrit

PAK vs UAE Asia Cup: Andy Pycroft ruled out of all Pakistan matches, major action taken ahead of the match against UAE

A major change has been witnessed in the Asia Cup 2025. ICC Elite Panel Match Referee Andy Pycrof

Salman Khan has got another action thriller, South Cinema filmmaker confirmed

Bollywood's mega superstar Salman Khan has been away from the silver screens for the last year. H

EPFO VISHWAS 2026 Launched: Stuck PF Claims to Be Cleared, Long-Pending Funds to Be Released

In a major relief for employers and Employees' Provident Fund (EPF) stakeholders, the Employees'

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