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

Shashi Tharoor: Surrounded by his people, Tharoor got BJP's support; Rijiju said- Is it forbidden to speak for the country in Congress?

Congress MP Shashi Tharoor is facing criticism from his party these days. Union Minister Kiren Ri

After the murder, Arshad brought the police to the hotel as a cool dude, the policemen were terrified after seeing 5 dead bodies together.

After brutally killing his mother and four sisters in the Sharanjit Hotel of Charbagh, Arshad did

'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

Ram Navami: 'Ram Navami procession was targeted, stones were pelted', claims BJP; Police gave this answer

Amidst the controversy over the procession on Ram Navami, BJP has made a big claim. BJP MP and Un

Lashkar-Hizbul terrorists killed, Jaish headquarters also burnt down; Know about those 9 terrorist hideouts which India destroyed.

Operation Sindoor India has taken its revenge exactly 15 days after the Pahalgam Terror Attack. L

'I will give you 20 lakh rupees, you will have to kill him...' Big revelation by contract killers on Sonam Raghuvanshi; axe was ordered online

In the case of Raja Raghuvanshi and Sonam Raghuvanshi, who went to Meghalaya from Indore for a ho

There will be a long deliberation on the One Nation-One Election, JPC will also consult the Attorney General to know how much time it will take now.

The Joint Parliamentary Committee constituted for detailed deliberations on the One Nation, One E

RJ Mahvash reacted to the rumors of an affair with Yuzvendra Chahal, and this post of the influencer went viral on the internet.

Last month, the news came that Yuzvendra Chahal and Dhanashree Verma have got divorced and both h

New revelation in Puneet case: Manika's post on Insta is in discussion, 'After toxic environment and abuse'...

A sensational case similar to that of Atul Subhash of Bangalore has come to light in Delhi. Woodb

Maharashtra Cabinet: ED is investigating several ministers of Fadnavis' team, they have been accused of corruption

Cabinet expansion has been done in Maharashtra. After several days of brainstorming, the names of