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

Tanushree Dutta: Users called Tanushree's crying reel a propaganda, the actress said- who is bothering me…

Last night, actress Tanushree Dutta shared a reel on social media, in which she was seen crying a

Indians Deportation: 'Handcuffs and chains on feet...', a man from Nagpur tells the story of his deportation from America

Harpreet Singh Lalia, a resident of Nagpur in Maharashtra and one of the 104 Indians deported fro

Cold will increase in Delhi-UP and Bihar, IMD issues rain alert for these states

After the departure of the monsoon, the weather (Weather Update) is changing rapidly in North Ind

Fateh Teaser Out: 'Keep your character honest till the end...', 'Fateh's amazing teaser released, you will be stunned to see Sonu Sood's fierce avatar

The most awaited teaser of Sonu Sood's film 'Fateh' has finally been released. The teaser of the

This rule will also apply to those sharing news content on social media; the Centre has proposed an amendment.

The Central Government has proposed amendments to the Information Technology (Intermediary Guidel

T20 World Cup: Chaos erupts in Pakistan cricket! Shahid Afridi hits back at Shadab Khan's statement that he didn't beat India.

Amid the T20 World Cup 2026, turmoil has erupted in Pakistan cricket. A war of words continues be

Knack Packaging IPO GMP Jumps After 7x Subscription; Last Day to Apply, Check Expected Listing Gains

The Knack Packaging IPO closes for subscription today, July 3, after witnessing strong investor d

Champions Trophy 2025 Final: Host Pakistan Cricket Board officials missing from award ceremony, controversy ensues; Akhtar furious

A controversy erupted on Sunday after the ICC did not invite Pakistan Cricket Board officials on

Bihar SIR: 'Will Rahul give his claims and objections only after the elections, as usual?' Election Commission takes a dig at Congress leader

Election Commission sources on Friday questioned why Congress leader Rahul Gandhi has not raised

Investors Turn Cautious on Small and Mid-Cap Assets; Here's Where Safer Returns May Be Found

Recent volatility in the equity market has prompted many investors to reconsider their investment

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