Elon Musk’s fortune has risen significantly since Donald Trump’s victory in the presidential election. Tesla shares soared, increasing Musk’s personal fortune to around $320 billion and giving him a total of 1 trillion dollars in market capitalization. This has also been beneficial for Musk’s other companies, such as SpaceX and the X platform.
Musk contributed more than $130 million to Trump’s campaign and supported him on social media. Trump’s presidency could help Musk remove business obstacles and make it easier for his companies to grow.