Elon Musk's net worth surges following Donald Trump's election win
General News,Wealth,Elon Musk,Net Worth,Donald Trump,2024 Presidential Election
From the Right
AllSides Media Bias Rating: Lean Right
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.
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
Related Coverage
AllSides Picks
Headline Roundup
How Do Americans Feel About AI?
September 15th, 2026
Headline Roundup
US Reveals It Has Deployed Weapons in Space
September 15th, 2026
Announcement
Everything You Need to Research Your 2026 Ballot, All in One Place
AllSides Staff
September 14th, 2026
Recommended Reading
When a Convention Vanishes Without a Trace
Dan Schnur
September 14th, 2026