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

Ranya Rao Case: Ranya Rao confessed her crime! Apart from Dubai, she traveled to these countries.

Recently, Karnataka actress Ranya Rao was arrested at Bengaluru airport in the gold smuggling cas

Bill Gates' AI Summit speech cancelled: Ankur Vora to address, Gates Foundation announces

Important information has emerged regarding Bill Gates' participation in the AI ​​Summit. The

No Handshake Ind vs Pak: Is it mandatory for players to shake hands after a match? Former umpire clarifies everything.

Former international umpire Anil Chaudhary has claimed that the recent controversy surrounding th

Waqf: Benefits of Waqf law enumerated, Sangh will clear misconceptions; Rashtriya Muslim Manch will organize seminars in the country

After giving the Waqf Bill a legal shape, the Sangh and the government have started preparing to

IND vs WI: For the first time in 148 years... KL Rahul achieved a unique feat, becoming the first cricketer.

Indian opener KL Rahul scored his 11th century in his Test career against the West Indies. He sco

PAK vs SL: Pakistan-Sri Lanka ODI series schedule changed after Islamabad bomb blast, matches will now be played on this date

The ongoing ODI series between Pakistan and Sri Lanka has been rescheduled following a suicide at

Kantara Chapter 1: Producers gave a special birthday gift to Rishab Shetty, and released a new poster of the film

The new poster of 'Kantara Chapter 1', the second part of Rishab Shetty's much-awaited film 'Kant

Delhi Pollution: Pollution wreaks havoc amidst biting cold, air quality in 'severe' category, AQI crosses 450 in several areas.

Falling temperatures and adverse weather conditions have turned Delhi into a gas chamber. Air qua

U19 Asia Cup 2025 Final: Not just Vaibhav Suryavanshi, these 5 other Indian players will also shatter Pakistan's dreams and become their nemesis in the final.

The Indian Under-19 cricket team and the Pakistan Under-19 cricket team will clash in the final o

Gautam Gambhir: Another humiliating defeat at home… Team India faces a 'serious' crisis under Gautam Gambhir's coaching; the records will leave you stunned!

Gautam Gambhir's record as an Indian batsman was exceptional, and it was expected that he would a