Elon Musk's net worth surges following Donald Trump's election win

General News,Wealth,Elon Musk,Net Worth,Donald Trump,2024 Presidential Election

Posted on AllSides November 6, 2024

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Tesla CEO Elon Musk’s net worth rose billions of dollars on Wednesday as investors reacted to President-elect Trump winning the election, according to Forbes.

Trump, whom Musk has actively supported, was declared the winner overnight, beating Vice President Kamala Harris.

The stock price for Tesla, which the billionaire CEO has a 13% holding in, has risen by a double-digit-percentage since the start of Wednesday trading.

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