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

Sachin vs Virat: Sachin Tendulkar or Virat Kohli, find out who Gavaskar considered the greatest batsman in ODI cricket.

Batting legend Sunil Gavaskar has never been one to lightly praise or compare cricket's greats, b

Shahid Kapoor: Shahid Kapoor played cricket at Lord's in London, and his wife, Mira Rajput, encouraged him

Shahid Kapoor played cricket at Lord's Cricket Ground in London. During this, his wife Mira Kapoo

Salman Khan: Salman will be seen in a podcast with his nephew Arhaan, and will give many lessons about life

Salman Khan has shared a video related to his nephew Arhaan Khan's podcast Dumb Biryani on his In

Marathi Row: 'If a poor person speaks Hindi, he is beaten up, no one cares about Javed Akhtar and Aamir Khan...', Nitesh Rane on Marathi controversy

The case of assault on a food stall owner in Mumbai for not speaking Marathi has heated the polit

Janhvi Kapoor: After the Vadodara road accident, Janhvi got angry at the law student, said this big thing

A tragic accident that took place in Vadodara late Thursday night shook the entire country. A spe

IND vs PAK: India's record against Pakistan in finals is poor, having been unsuccessful for 18 years.

The final match of the Asia Cup 2025 between India and Pakistan will be played in Dubai on Sunday

Advantage Assam 2.0: PM Modi inaugurated Advantage Assam 2.0; and said- a new future begins from the land of the East

Prime Minister Narendra Modi has inaugurated the Advantage Assam 2.0 summit today. Many Union Min

Diljit Dosanjh: On the 'Sardaar Ji 3' controversy, Diljit said, 'The film was made before the attack, cricket is being played now.'

Singer-actor Diljit Dosanjh recently broke his silence on the delay in the release of his film "S

Vaibhav Suryavanshi's Birthday: Vaibhav Can Now Make His International Debut; ICC Rules Won't Stand in the Way.

Vaibhav Suryavanshi unleashed his explosive prowess in the final of the 2026 Under-19 World Cup a

An Australian commentator started crying after watching Virat Kohli and Rohit Sharma playing for the last time. You too will become emotional after watching the video!

Indian team legends Rohit Sharma and Virat Kohli played brilliant innings in the final ODI agains