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

GT vs KKR: Captain Ajinkya Rahane got angry after the defeat against Gujarat, and blamed them for KKR's flop performance

Based on the brilliant innings of captain Shubman Gill (90) and Sai Sudarshan (52), Gujarat Titan

Budget Session 2026: The budget will be discussed in Parliament today; the opposition may create a ruckus; Rahul Gandhi will also deliver a speech.

On Sunday, Finance Minister Nirmala Sitharaman presented the Budget 2026 in the Lok Sabha. A gene

Students and police clashed during Sonam Wangchuk's protest in Leh; the BJP office and a CRPF vehicle were set on fire.

A protest is underway in Leh, demanding full statehood for the Union Territory of Ladakh. Violent

Gadar 3: Director reconciles with 'Sakina', is Sunny Deol's Gadar 3 back on track?

After a long wait of 22 years, Sunny Deol made a comeback with Gadar 2 in 2023. His film proved t

Earthquake In Uttarakhand: Uttarkashi was shaken by two tremors of an earthquake in the morning, with no information about loss of life or property

Earthquake tremors were felt in Uttarkashi district of Uttarakhand on Friday morning. During this

Urvashi Rautela: Actress's statement causes uproar, former priest of Badrinath Dham condemns it, explains the importance of the temple

Former Dharmadhikari of Badrinath Bhuvan Chandra Uniyal has condemned the statement given by Hind

Tanvi The Great: Will the Delhi government show the film 'Tanvi The Great' to children? CM said this

Actor and director Anupam Kher's film 'Tanvi the Great' is in the headlines these days. Recently,

IND vs AUS: India lost the fourth consecutive Test under Rohit's captaincy, from Gavaskar to Shastri these legends lashed out

India suffered a crushing defeat under the captaincy of Rohit Sharma. Under his leadership, Team

Delhi CM Face: Delhi will get a new face!...BJP can bet on Dalits, decision will be taken after PM returns from America

The swearing-in ceremony of the new Chief Minister of Delhi is likely to take place after Februar

Despite the BCCI's wishes, why can't Vaibhav Suryavanshi make his debut for the Indian team? Here's the answer.

Vaibhav Suryavanshi played a crucial role in India's sixth Under-19 World Cup victory with his ex