Thu. Nov 7th, 2024

After Donald Trump won the election, Elon Musk's fortune increased by $15 billion

Elon Musk's fortune increased by $15 billion after Donald Trump's election victory

On November 6, after Donald Trump's election victory, Tesla shares rose 12%, leading to increasing Elon Musk's fortune by $15 billion.

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As of 10:10 a.m. ET (5:10 p.m. Kyiv), the company's shares reached more than $280 apiece, setting a new record.

< Musk owns 13% of Tesla shares. According to Forbes, his fortune increased by $15 billion after the rise in shares. Now the businessman has 280.3 billion dollars.

Musk actively supported Donald Trump during the election campaign. Trump, in turn, called Musk a “super genius” and “new star” during his victory speech.

Natasha Kumar

By Natasha Kumar

Natasha Kumar has been a reporter on the news desk since 2018. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Times Hub, Natasha Kumar worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my natasha@thetimeshub.in 1-800-268-7116

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