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

National Unity Day: 'Even Sardar Patel would have been surprised...', Congress targets BJP-RSS on Iron Man's birth anniversary

On the birth anniversary of Sardar Vallabhbhai Patel, the Congress party on Friday targeted the B

IND vs SA: Why did Sai Sudarshan and Dhruv Jurel bat with one pad before the Guwahati Test? The big reason has been revealed.

The second and final Test between Team India and South Africa will begin in Guwahati on Saturday.

'No compromise with law and order', Telangana CM Revanth Reddy gives strict warning to Telugu film association!

Actor Allu Arjun is constantly in the headlines due to the Pushpa 2 stampede controversy. Meanwhi

CM Yogi said: Those who are getting VVIP treatment are spreading false propaganda about Maha Kumbh, 45 crore people have already taken a bath

On the occasion of the death anniversary of Pandit Deendayal Upadhyay, Chief Minister Yogi Aditya

Ankita Murder Case: People's anger was visible during the verdict, barricades were broken, and police dispersed them by spraying water

Given the verdict in the Ankita Bhandari murder case in Rishikesh, Uttarakhand, the district poli

TVK vs DMK: 'No alliance, Tamil Nadu elections will be between DMK and TVK', roars actor-turned-politician Vijay

Actor-turned-politician Vijay has started entering Tamil Nadu politics. His party, Tamilaga Vetri

Sawan 2025: On the first day of Sawan, devotees gathered at Vishwanath Dham, flowers were showered on the devotees; Har-Har Mahadev resonated

On the first day of Sawan, on Friday, there was a rush of devotees in Shri Kashi Vishwanath Dham.

Twinkle Khanna broke her silence after being called Rishi Kapoor's illegitimate daughter, saying, "I am Alia Bhatt's sister-in-law..."

Twinkle Khanna is currently in the news for her talk show. Her camaraderie with Kajol is entertai

'Home Minister should take back his words', Mayawati said on Amit Shah's statement on Bhimrao Ambedkar.

The heat of politics of opposition parties, which started after Home Minister Amit Shah's stateme

IND vs AUS: Australian team announced for the last two Tests against India, McSweeney out, these 4 players replaced

The Australian cricket team has made several changes to its team for the fourth and fifth Tests a

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