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).
Samsung’s New Wide Foldable 5G Phone Teased: 7.6-Inch Display, Snapdragon Chip and Premium Features
Samsung is reportedly gearing up to expand its foldable smartphone lineup with a new premium devi
Bangladesh Unrest: BNP leader shot dead, pre-election violence continues unabated in Bangladesh.
Pre-election political violence continues in Bangladesh following the murder of youth leader Usma
The language dispute in Tamil Nadu is deepening. Now BJP's Tamil Nadu unit president K Annamalai
The Supreme Court on Thursday refused to hear the petition immediately, which challenged the noti
Munawar Faruqui Mobbed: Badly Trapped in Crowd, Fans Shove and Push; Security Steps In to Rescue Him
A video is currently going viral on social media, in which Munawar Faruqui is seen badly mobbed b
Mauritius Prime Minister Navinchandra Ramgoolam announced on Tuesday that Prime Minister Narendra
Australia has created history in Kingston, Jamaica. They bowled out West Indies' second innings f
South Industry's well-known actor Vijay Deverakonda is once again in the headlines for his person
Heatwave Alert: Simple Tips to Protect Your AC, Fridge, and Smartphone From Overheating This Summer
As temperatures continue to soar across the country, people are taking precautions at every level to
Royal Challengers Bangalore, currently in magnificent form this season, suffered a defeat against
