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

Aravalli case: 'New Supreme Court order poses threat to nearly 100 villages in Mewat', RTI forum submits memorandum.

The future of 40 villages in NITI Aayog's most backward district, Nuh, and over 60 villages in Ra

Gold Silver Price Today: Gold and silver prices witness a sharp fall; silver drops to ₹24,000, and gold becomes ₹8,000 cheaper.

Gold and silver prices witnessed a sharp decline on Friday. ​​Following a continuous surge, t

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

Rana Sanga: Ruckus in Rajya Sabha over SP MP's statement on Rana Sanga, BJP adamant on Ramji Suman and Kharge's apology

There was a lot of uproar in the Rajya Sabha on Friday during the budget session of Parliament. B

Justice Surya Kant, who will be sworn in as the 53rd CJI of India, was part of the verdict on SIR and Pegasus.

Supreme Court Justice Surya Kant will be sworn in as the 53rd Chief Justice of India on Monday.

'INDIA' vs ECI: 'No permission sought yet', police on opposition alliance's march from Parliament to Election Commission

On the India Block March from Parliament to the Election Commission, the Delhi Police has said th

West Bengal Politics: CM Mamata makes serious allegations against the Election Commission, says EC is ignoring 20 years of statutory reforms.

West Bengal Chief Minister Mamata Banerjee has once again leveled serious allegations against the

Thousands of people gathered outside the Bangladesh High Commission to protest against atrocities against Hindus; VHP holds nationwide demonstrations.

Thousands of people have gathered near the Bangladesh High Commission in Chanakyapuri, Delhi, to

BMC Polls: Taking a break from his travels, Gulzar cast his vote; Akshay Kumar, Hema Malini, and other stars also turned up to vote.

Voting is underway today for the Brihanmumbai Municipal Corporation (BMC), the country's richest

Saif Ali Khan Attack: Came to India after infiltrating from Bangladesh, then attacked Saif; What was Mohammad Shariful's intention?

Mumbai Police caught the attacker who stabbed Bollywood star Saif Ali Khan in the early hours of