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Elon Musk's Net Worth Soars By $26.5 Billion In Single Day After Tesla Stock Surges Post-Trump Victory

Benzinga LogoBenzinga11h ago

Elon Musk's Net Worth Soars By $26.5 Billion In Single Day After Tesla Stock Surges Post-Trump Victory - Benzinga

Quick Summary:

Data from the Bloomberg Billionaires Index showed Musk’s net worth soaring by $26.5 billion in a single day on Wednesday, lifting his total wealth to an unprecedented $290 billion.

Musk reportedly contributed $118 million to Trump's campaign, an amount that has already been dwarfed by the returns generated from the post-election Tesla Inc.(NASDAQ:TSLA) rally.

Elon Musk witnessed a jaw-dropping increase in his wealth following Donald Trump's victory in the 2024 election.

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Elon Musk's Net Worth Soars By $26.5 Billion In Single Day After Tesla Stock Surges Post-Trump Victory - Benzinga (Picture 1)

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Article Details

Author / Journalist: Piero Cingari

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 15:56:29 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 331 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23463131

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Official Website: benzinga.com

Update Frequency: 21 posts per day

Year Established: 2010

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News Last Updated: 8 hours ago

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Publisher ID: #53

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