After Trump's victory, Elon Musk's net worth increased, he became the richest person.

 

Donald Trump's return to America seems to be most beneficial for X-Men owner Elon Musk. After Donald Trump's victory, his net worth has increased by $70 billion, after which he has officially become the richest person ever.

Tesla's stock is soaring, his AI company xAI is soaring, and the billionaire's net worth is growing thanks to his many companies and his growing political influence. According to the Bloomberg Billionaires Index, reports from November 22 showed that his net worth has risen to over $340 billion.

Your luck opened up after November 5

Elon Musk's fortunes have opened up after Trump's victory in the US presidential election on November 5. In the days following the election, investors expressed confidence in Elon and Tesla's stock price saw a jump of up to 40 percent. By the time the market closed on Friday, Musk's net worth reached a record $321.7 billion, the highest level in 3.5 years. His current net worth is estimated to be a record $347.8 billion.

Record jump in Musk's AI company

According to The Wall Street Journal, the worth of Elon Musk's AI company xAI has more than doubled in recent weeks to $50 billion. Musk's 60 percent stake in the company has added another $13 billion to his wealth. The company has seen a growth of $70 billion after the election.

Major donors to Trump

Elon Musk has been the biggest donor to Donald Trump in the US presidential election. Apart from donating, he has also helped Trump in the election campaign. After the victory, he is going to become an important part of Trump's administration. Apart from this, he also keeps supporting Trump wholeheartedly through his social media.