Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge
Tesla(TSLA) CNBC·2024-11-12 07:20
Elon Musk on stage before Republican presidential nominee former President Donald Trump speaks at a rally at Madison Square Garden in New York, NY on Sunday, October 27, 2024.Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president.It's a combination that's paid off handsomely. Since Trump's victory last week, Musk is about $70 billion richer on paper.Most of Musk's wealth is wrapped up in his holdings of Tesla, and in the four trading ...