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

One Nation One Election: 'One country one election is not undemocratic', Law Ministry listed the benefits of simultaneous elections to the joint committee

The Union Law Ministry has praised the 'One Nation, One Election' Bill. The ministry has told the

Bigg Boss 19: Malti Chahar slaps Tanya Mittal, causing another uproar in the Bigg Boss house.

The grand finale of Bigg Boss Season 19 will take place in two weeks, with one contestant receivi

Samay Raina's father is in Jammu, the stand-up comedian got emotional and said- 'My dad called me for the last time...'

After the Pahalgam terror attack, India attacked Pakistan, after which the Pak Army is continuous

'You are filing a case after 17 years, don't men have dignity?', Kerala HC got angry while granting bail to actor Balachandra Menon

While hearing the bail plea of ​​actor and director Balachandra Menon, the Kerala High Court

Sitaare Zameen Par: Aamir Khan was happy with the success of 'Sitaare Zameen Par'; he hugged the artists while celebrating

Aamir Khan is happy these days about the success of his film 'Sitare Zameen Par'. Recently he has

Waqf Law: 'Court's interim order on provisions of Waqf law is a normal process', statement of former law minister

Former Law Minister Ashwini Kumar reacted to the Supreme Court's interim order regarding the Waqf

AUS vs WI: West Indies team bowled out for 27 runs in reply to 204 runs, Kangaroos win by 176 runs in the third Test

Australia has created history in Kingston, Jamaica. They bowled out West Indies' second innings f

Bomb Threat: Schools in Delhi-NCR again received bomb threat, e-mail created panic

Schools in Delhi-NCR have once again received bomb threats. On seeing the threatening e-mail, the

Bhojpuri star Pawan Singh will add some spice to the 'Rise and Fall' finale, dancing romantically with Dhanashree Verma and Akriti Negi.

The grand finale of Rise and Fall is set to be a special one. Bhojpuri superstar Pawan Singh will

Sambhal's DM Rajendra Pensia met Premanand Maharaj, the saint said- there is no need to be afraid..., VIDEO went viral.

Sambhal DM Dr. Rajendra Pensia went to meet Sant Premanand Maharaj at his Shriradha Keli Kunj in