How Trump’s Win Turbocharged Elon Musk’s Wealth by $13 Billion
Elon Musk’s wealth reportedly saw a significant increase of around $13 billion following Donald Trump’s projected victory in the 2024 U.S. presidential election.
This surge in wealth is attributed to a positive response from markets, particularly favoring technology and defense sectors where Musk’s ventures, like SpaceX and Tesla, play a key role.
This financial boost reflects the confidence of investors in sectors that may benefit from Trump’s anticipated policies.
Musk’s wealth often fluctuates substantially with the performance of Tesla shares, and his net worth can see considerable spikes due to market trends and broader economic shifts.