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Musk's companies set to add $613 bn in value since presidential election

Business Standard LogoBusiness Standard1d ago

Musk's companies set to add $613 bn in value since presidential election - Business Standard

Quick Summary:

Investors are eager to get close to Musk, the so-called “first buddy,” who poured money into President Donald Trump’s campaign and is now running the administration’s controversial cost-cutting efforts.

If all the funding rounds close as planned, he’d be worth over $420 billion.

Even after retreating from an all-time high in December, Tesla is still worth nearly $400 billion more than it was the day before the election.

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-20 @ 08:53:53 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 607 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 26283940

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 336 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://beamstart.com/news/musks-companies-set-to-add-17400227299361

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