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).

0 Like 0 Dislike
Previous news Next news
Other news

Team India New Coach: Khalid Jamil becomes the new coach of the Indian football team, AIFF announced

The All India Football Federation (AIFF) has appointed Khalid Jamil as the new coach of the India

IND vs PAK: Will Pakistan be suspended? After boycotting the match against India, the ICC will make a major decision in the next 48 hours.

A storm has erupted in the world of cricket that could potentially change the landscape of the sp

Jaswinder Bhalla: Punjabi industry's shining star comedian Jaswinder Bhalla passed away, breathed his last at the age of 65

Popular comedian Jaswinder Bhalla passed away on August 22. He was admitted to Fortis Hospital, w

Punjab Flood: Actor-singer Amy Virk became the messiah for the flood victims in Punjab, adopted 200 affected houses

Many districts of the Punjab state are facing the brunt of floods these days, in which many house

Ahmedabad Plane Crash: Vikrant Massey's close friend died in the accident, Clive Kunder was the first officer on the flight

Actor Vikrant Massey's family friend Clive Kunder has also died in the Ahmedabad plane crash. Cli

India's Got Latent: Ali Goni reacted to Samay Raina deleting the videos, saying- he asked to delete all the episodes…

After Ranveer Allahabadia's objectionable statement on stand-up comedian Samay Raina's show 'Indi

Who will be the new president of the BJP? Amit Shah and Rajnath Singh had a secret meeting with PM Modi.

Before the election of the BJP President, an important meeting was held at his residence under th

Pushpa 2: Aamir Khan was impressed with Pushparaj's acting, and couldn't stop praising him, Allu Arjun expressed his gratitude

Allu Arjun's 'Pushpa 2' has been a blockbuster at the box office despite all the controversies. O

TCS Layoffs: After the announcement of layoffs, TCS shares fell by two percent. The company is laying off 12000 employees

Shares of Tata Consultancy Services (TCS) fell nearly two per cent on Monday. The company has sai

The challenge to the Waqf Act: 'There is a system of listing cases, we will hear the case accordingly', CJI told Sibal

The Waqf Amendment Bill has been challenged in the Supreme Court. However, it has been signed by

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