Elon Musk’s wealth soars by $170 billion following US Presidential election
According to a report from The Washington Post, the wealth of Elon Musk, the American billionaire, has increased by about $170 billion just after the U.S. presidential election.
The report states that Musk’s fortune grew by approximately $170 billion between November 5 and December 16.
Musk, a prominent supporter of Donald Trump’s election campaign, contributed millions of dollars to Trump’s campaign.
After Trump’s historic victory, Musk was appointed as the head of the “Office of Government Efficiency,” a position in the Trump administration.
As a result, Musk, the founder of SpaceX, Tesla, and owner of X (formerly Twitter), also took on the role of leading the Office of Government Efficiency under the Trump administration.
According to Bloomberg, Musk’s wealth currently stands at around $455 billion, making him the first person in history to surpass a $400 billion fortune.
This substantial increase in wealth is reflective of Musk’s growing influence in both the business and political spheres. His leadership of major tech companies and involvement in political circles continue to shape his financial and professional trajectory.
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