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

Delhi Election: 'We will show you the Sheeshmahal, BJP will show you the Rajmahal', Sanjay Singh challenged; said- will go to CM House with the media today

On Tuesday, a day after the final voter list was released, the Election Commission announced the

Debate erupted over 90 hours of work a week, now a member of PM Modi's special team said - this is stupidity.

Amid the debate over longer working hours, Economic Advisory Council to the Prime Minister (EAC-P

Ghooskhor Pandat Controversy: Film announcement, protests, and court rebuke; find out what happened in the 'Ghooskhor Pandit' controversy.

The Manoj Bajpayee-starrer "Ghooskhor Pandat" was officially announced on February 3rd. With this

Janhvi Kapoor: Seeing Janhvi in ​​Cannes, fans remembered Sridevi, the outfit has a special connection with Banaras

Indian celebs continue to arrive at the 78th Cannes Film Festival. Now actress Janhvi Kapoor has

MahaKumbh 2025: Companies spent five thousand crores on brand and promotion, the price increased four times compared to the last Kumbh

Companies spend money lavishly to make their brands reach the millions of people who come to take

SIR in UP: Is it a voter list or a riddle? Notices are being issued to voters who have been registered for years; a mountain of objections and complaints is piling up.

A large number of objections and complaints are piling up regarding the draft voter list released

1 December Rule Change: LPG cylinder prices reduced, air tickets may become expensive; read what will change in the country from today?

Today marks the beginning of the last month of the year, December. This year, however, could have

Suryakumar Yadav: Will Suryakumar Yadav return to form before the T20 World Cup? He had his worst performance in 2025.

When legends like Virat Kohli, Rohit Sharma, and Babar Azam were setting new benchmarks in T20 cr

Delhi Rains: Flights affected due to heavy rains in Delhi; Read the advisory of IndiGo, SpiceJet, and Air India

Torrential rain and strong winds have created havoc in Delhi. This natural disaster has put air t

Operation Sindoor Briefing: Sindoor strikes 100 km inside Pakistan, nine terrorist hideouts destroyed in 25 minutes

The government and the army held a press conference after the Indian Armed Forces' strike 'Operat