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).

0 Like 0 Dislike
Previous news Next news
Other news

Rahul Gandhi: 'PM Modi cannot stand against Trump...', Rahul Gandhi's scathing attack on the Prime Minister

Congress MP and Leader of Opposition in Lok Sabha, Rahul Gandhi, on Wednesday launched a scathing

Jagdeep Dhankhar: Dhankhar was seen for the first time after his resignation, sitting next to Radhakrishnan, smiling and clapping

Chandrapuram Ponnusamy Radhakrishnan was sworn in as the 15th Vice President of India on Friday.

Aishwarya Rai: Aishwarya Rai reached the Delhi High Court, made this appeal regarding AI-generated photos

Famous Bollywood actress Aishwarya Rai Bachchan has knocked on the door of the Delhi High Court.

ICC vs PCB: Preparations underway to rein in Pakistan, who are staging a boycott drama! They may face serious consequences.

Pakistan on Sunday refused to play the T20 World Cup match against India. The Pakistani governmen

IND vs ENG: Gautam Gambhir's mother suffered a heart attack, Indian coach returned to India immediately; Know when he will return to England

A 5-Test series will begin between India and England on June 20. Before this series, bad news has

PM Modi will distribute appointment letters to more than 71 thousand youth today, employment fairs will be held at 45 places across the country.

Prime Minister Narendra Modi will distribute more than 71 thousand appointment letters for new re

When Virat Kohli's Instagram account was deactivated, fans started demanding answers from Anushka Sharma, causing an uproar on social media.

The news of Indian cricket star Virat Kohli's Instagram account being deactivated caused a stir o

Preity Zinta: Preity Zinta looked sad on the defeat of her team PBKS, but still patted Shreyas Iyer on the back

On Tuesday, the final match of IPL was played between PBKS i.e. Punjab Kings and RCB i.e. Royal C

Politics of Halal vs Malhar in Maharashtra: Now only the Khatik community will sell Jhatka meat, Malhar certification website launched

Politics of Halal and Jhatka meat has now started in Maharashtra. State Fisheries Minister Nitesh

Ghibli Trend: OpenAI changed the rules for Ghibli-style photos, now real-world images cannot be used

These days, Ghibli-style pictures are being seen in abundance on social media. It can be said tha

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