Elon Musk's personal net worth has jumped above $300 billion for the first time in three years, a milestone boosted largely by a sharp surge in Tesla Inc's stock price. The market is generally optimistic about the close relationship between Musk and newly elected President Trump, believing that this will bring a significant boost to Tesla .
Musk’s personal wealth has grown at an unparalleled rate since Trump won the election, outpacing all others tracked in the Bloomberg Billionaires Index. From the close of trading on Tuesday alone, Tesla's stock price has achieved an astonishing 28% increase, directly driving Musk's net worth to increase by US$50 billion, with the total climbing to a high of US$313.7 billion.
Trump has publicly expressed his support for Musk’s company many times and promised to adopt a series of policy measures that are beneficial to its development. He made it clear that he would revisit and possibly adjust previous plans to slow down the transition to electric vehicles, while expressing firm support for Musk's SpaceX company (which accounts for $82 billion of Musk's total net worth) and its plans to land on Mars.
In addition, Trump also proposed a rather creative idea, hoping that Musk can hold a new position in his government-efficiency director, so as to give full play to his outstanding talents in innovation and efficiency improvement.
It is worth noting that before Musk’s net worth soared to this point, he had already firmly established himself as the world’s richest man with a net worth of approximately US$285.2 billion. Musk posted a hopeful message on social media on the 6th local time: "The future will be wonderful" and attached a magnificent photo of a rocket launch to express his infinite longing and confidence in the future. . Elon Musk's personal net worth has jumped above $300 billion for the first time in three years, a milestone boosted largely by a sharp surge in Tesla Inc's stock price. The market is generally optimistic about the close relationship between Musk and newly elected President Trump, believing that this will bring a significant boost to Tesla . Musk’s personal wealth has grown at an unparalleled rate since Trump won the election, outpacing all others tracked in the Bloomberg Billionaires Index. From the close of trading on Tuesday alone, Tesla's stock price has achieved an astonishing 28% increase, directly driving Musk's net worth to increase by US$50 billion, with the total climbing to a high of US$313.7 billion. Trump has publicly expressed his support for Musk’s company many times and promised to adopt a series of policy measures that are beneficial to its development. He made it clear that he would revisit and possibly adjust previous plans to slow down the transition to electric vehicles, while expressing firm support for Musk's SpaceX company (which accounts for $82 billion of Musk's total net worth) and its plans to land on Mars. In addition, Trump also proposed a rather creative idea, hoping that Musk can hold a new position in his government-efficiency director, so as to give full play to his outstanding talents in innovation and efficiency improvement. It is worth noting that before Musk’s net worth soared to this point, he had already firmly established himself as the world’s richest man with a net worth of approximately US$285.2 billion. Musk posted a hopeful message on social media on the 6th local time: "The future will be wonderful" and attached a magnificent photo of a rocket launch to express his infinite longing and confidence in the future. .
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