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

Son of a tobacco businessman injures four people with his Lamborghini; the family had previously made headlines for their expensive cars and lavish lifestyle.

On Sunday afternoon, on VIP Road in Kanpur, the son of a tobacco businessman, while speeding in h

Threat again regarding Maha Kumbh 2025, uproar as soon as the screenshot went viral

After pro-Khalistan terrorist Gurpatwant Singh Pannu, another threat has been given regarding Mah

CSK vs KKR: 'If you want to be a champion then...', said KKR vice-captain Venkatesh Iyer before the match against Chennai

Kolkata Knight Riders will face Chennai Super Kings at Chepauk on Friday in IPL 2025. Ahead of th

IND vs ENG: 'DSP sahab' likes the challenge of leading the bowling attack, does not let Bumrah's absence be felt

The second match of the five-match Test series between India and England is being played at Edgba

Nikki Bhati Murder: Twist in Noida dowry murder case, Nikki Bhati's sister-in-law reveals the reality of 'beggar' family

The Noida dowry death case has now taken a dramatic turn. New allegations have been levelled agai

IND vs ENG: 'I forgot what my position is...', why did KL Rahul say this after his century?

The Indian team performed brilliantly on the fourth day of the Headingley Test. Especially the pa

School Bomb Threat: Several schools in Noida and Ahmedabad received bomb threats, causing panic after receiving threatening emails.

Panic has gripped Noida after several private schools received bomb threats via email. Following

Will Aamir Khan be able to convince Arijit Singh to change his decision? Users speculated after watching this viral video.

On January 27, Arijit Singh announced his retirement from Bollywood playback singing. His decisio

PM Modi: India-Ethiopia relations have become stronger, and the two countries are now strategic partners; eight agreements have been signed.

The historic relationship between India and Ethiopia reached new heights on Tuesday. Following ex

IND W vs SL W Highlights: The Indian women's team won the fourth T20 by 30 runs, taking a 4-0 lead against Sri Lanka.

India defeated Sri Lanka by 30 runs in the fourth T20. In the match played in Thiruvananthapuram