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

Post Office vs. SBI RD: Where Will You Earn Higher Returns on a Monthly Investment of ₹10,000 Over 5 Years? Understand the Full Calculation.

For investors looking to build a safe and stable financial corpus over the next five years, Recur

Nothing Phone 4b RCB Special Edition Launches July 7: Bengaluru Store Sale Time, Price Expectations and Details

London-based smartphone brand Nothing is set to launch its first 'b' series smartphone, the Nothi

Bakrid Eid ul Adha 2025: Prayers for peace at the Taj Mahal, everyone got free entry from seven in the morning

Prayers were offered for peace and prosperity in the country on Bakrid at the Taj Mahal. Morning

Bharat Bandh 2025: Bharat Bandh today... What will be the impact on railway, bus, bank, and postal services? Understand everything in 10 points.

A joint platform of 10 central trade unions across the country has announced a 'Bharat Bandh' tod

Nagpur Violence: Muslim leaders demanded a fair investigation, and said- action should not be taken against innocent people

Members of the Muslim community in Nagpur have condemned the violence in Vidarbha's largest city.

125% tariff on China, 90 days grace period for these countries including India; Why is Trump's attitude changing?

US President Donald Trump made a prominent announcement on Wednesday and announced to stop the im

Delhi NCR Weather: Rain increases the chill in Delhi-NCR; IMD issues a yellow alert for today.

Amidst the biting cold, several areas of Delhi-NCR are experiencing rain, which has completely ch

This new actor enters the Battle of Galwan, will he become an Indian Army officer like Salman Khan?

Earlier this month, superstar Salman Khan announced his upcoming much-talked-about film, Battle o

'Gautam Gambhir is not a coach!' Kapil Dev makes a big statement, saying, 'What will he teach a leg-spinner or a wicketkeeper?'

Kapil Dev, the captain who led India to the 1983 World Cup title, has expressed his opinion on Ga

Jaipur CNG Tanker Blast: The death toll in the accident rose to 14, 13 died in SMS and one killed in Jaipuria

Two more people died on Saturday in the LPG tanker blast accident in Jaipur. The death toll in th

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