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Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge - TL;DR CNBC

Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

Publishing timestamp: 2024-11-11 18:39:36


Summary

Elon Musk's net worth has surged by $70 billion since Trump's election victory, putting him close to $90 billion ahead of Larry Ellison. Musk spent millions to help Trump get elected and has seen his wealth increase significantly since the election. He is now trying to cash in on his investments and influence staffing decisions for the next administration. Other tech executives, like Brian Armstrong of Coinbase, have also seen significant gains post-election.


Sentiment: MIXED

Tickers: COINORCLTSLA

Keywords: breaking news: technologytesla incoracle corpsocial mediacoinbase global inckamala harristechnologydonald trumpbusinessbusiness news

Source: https://www.cnbc.com/2024/11/11/elon-musk-is-70-billion-richer-since-trump-victory-due-to-tesla-surge.html


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