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

Shibu Soren: 'Shibu Soren was a strong voice of the poor and tribals, ' PM Modi said on the death of JMM founder

Former Jharkhand CM Shibu Soren passed away on Monday morning. Shibu Soren breathed his last at S

Delhi Chunav 2025: Our MLAs raised the challenge for AAP candidates, tickets of more than 20 MLAs were cut

In Delhi Chunav 2025, the challenge is more on those seats where Aam Aadmi Party (AAP) had cut th

PM Modi spoke to Benjamin Netanyahu, stressing an early end to tensions

Prime Minister Narendra Modi chaired a meeting of the Cabinet Committee on Security (CCS), the hi

'Sacrament is not attained by taking a dip in Sangam', Sri Sri Ravi Shankar gave a big statement; also said this on Hindu Marriage Act.

Art of Living organized a spiritual confluence in Jind's Sector 7-A on Tuesday. During this, reli

Why did Salman Khan call Sonakshi 'Devi', netizens said- 'Bhaijaan', you said...

Sonakshi Sinha, who won everyone's heart by debuting with Salman Khan's film Dabangg, has the sam

Waqf Amendment Bill: 'No one will understand anyone's bad words or sorrows, the sky will never understand the pain of the earth', said Rijiju in Lok Sabha

Parliamentary Affairs Minister Kiren Rijiju introduced the Waqf Amendment Bill in the Lok Sabha o

Dense fog in Delhi-NCR causes chaos; 148 flights are cancelled, and several trains are delayed.

Residents of Delhi and other NCR cities woke up to dense fog on Wednesday, the last day of the ye

Karan Aujla suffers a huge loss due to Virat Kohli's RCB's victory, singer loses so many crores?

After waiting for many years, that historic day came on 3 June, which was celebrated with great p

Mehul Choksi: Mehul Choksi was trying to escape to Switzerland, but the fugitive was defeated by the strategy of ED-CBI

After the arrest of fugitive diamond merchant Mehul Choksi in Belgium, another big disclosure has

Pollution continues to wreak havoc in Delhi-NCR, with AQI 'severe' in many areas; how is the air quality in your area?

Pollution in Delhi continues to worsen, and with the onset of winter, air quality has once again