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

Kannappa: Special screening of 'Kannappa' held at Rashtrapati Bhavan, producer said- 'Every home is Mahadev'

The makers of the film Kannappa shared special information about the film on their social media h

Akhanda 2 Teaser: 'Akhanda 2' amazing teaser is out, Nandamuri Balakrishna will hit the theatres on this day

Nandamuri Balakrishna remains in the discussion about his upcoming films. Everyone is waiting for

Jyoti Malhotra: Another revelation... Jyoti met the young man who brought a cake to the embassy after the Pahalgam attack in Pakistan.

With the emergence of another video related to YouTuber Jyoti Malhotra, who was caught on charges

'I have been a Sadhvi since childhood and will remain so in future too...', Mamta Kulkarni resigned from the post of Mahamandaleshwar of Kinnar Akhara.

Bollywood actress Mamta Kulkarni has today resigned from the post of Mahamandaleshwar of Kinnar A

Comedian Kapil Sharma received death threats, names of these celebs were also mentioned in the email received from Pakistan.

For some time now, the film industry and celebs have been in the news more for threats than for f

Heavy rains and landslides cause heavy damage to Jammu and Himachal. Thousands of trucks carrying fruits and vegetables are stranded due to the closure of the highway

This time the monsoon is raining like a havoc. From the mountains to the plains, the rain has dis

Dispute in Parliament over Ambedkar... Rahul in a blue T-shirt, Priyanka Gandhi arrived wearing a blue sari, picture went viral.

This time in the winter session of Parliament, there was a lot of commotion between the ruling pa

PM Modi: 'His life was a symbol of honesty and simplicity', PM Modi became emotional remembering Manmohan Singh

There is a wave of mourning in the whole country due to the death of former Prime Minister Manmoh

'The enemies saw vermilion turning into gunpowder...' PM Modi said from the border area - '22 April's revenge in 22 minutes'

On May 7, India carried out Operation Sindoor in Pakistan and PoK, after which Pakistan tried to

Will Rohit Sharma and Virat Kohli be given farewell in Australia? BCCI finally breaks silence

Board of Control for Cricket in India (BCCI) Vice President Rajeev Shukla has put an end to specu