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Elon Musk’s net worth tops 0 billion after 30% rise in Tesla stock
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Elon Musk’s net worth tops $300 billion after 30% rise in Tesla stock

In the last five days after the victory of the Republican candidate Donald Trump in the US presidential elections, Tesla CEO Elon MuskHis net worth has crossed the $300 billion mark, and his automaker’s stock has soared more than 30 percent, according to Forbes’ real-time billionaires list.

The list states that Musk is currently the only person on the planet who has a net worth of over $300 billion and has a net worth of $304 billion.

Tesla shares rose 8.19% to $321.22 billion on Friday. With this, Musk’s fortune increased by 4.71% to $304 billion in one day. Before the US election results, his fortune was close to $250 billion. Tesla stock is up nearly 30% in the past five days.

A reason for Elon MuskIncreasing wealth is his support for Trump during his campaign. Not only has Musk vehemently endorsed Trump, he has also attended his rallies, while now US President-elect Trump has openly endorsed Musk. After Trump’s victory, it led to an increase in Musk’s fortune.

Other billionaires and their wealth:

According to the Forbes list of real-time billionaires, after Musk, Oracle’s Larry Ellison is the second richest person in the world with a fortune of $230.7 billion. While Amazon’s Jeff Bezos follows with a net worth of $224.5 billion, followed by Mark Zuckerberg with a net worth of $203.8 billion and Bernard Arnault and family with a net worth of $165.5 billion .

Who else supported Trump?

Not only Elon Musk, Jeff Bezos, Oracle’s Larry Ellison, Meta’s Mark Zuckerberg and Google’s Larry Page. also supported Donald Trump in the 2024 US election.

Musk also joined the call between US President-elect Donald Trump and Ukrainian President Volodymyr Zelenskyy on Friday, signaling the Tesla CEO’s growing influence in the second Trump administration.

Musk recently expressed that if appointed to a position in the Trump administration, he would advocate for a federal regulatory framework for autonomous vehicles.