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Elon Musk's net worth rockets to over $300 billion as Trump win fuels optimism for Tesla and SpaceX [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The jump follows growing optimism that President-elect Donald Trump's administration would provide a favorable environment for Musk's businesses. For example, Trump has promised to ban self-driving Chinese electric vehicles , a key competitor for Musk's Tesla robotaxi. As of the latest figures, Musk's wealth has climbed by $50 billion, reaching $313.7 billion, with much of this gain coming from Tesla's strong performance in the stock market this week. The company's shares have jumped 28% since Tuesday alone. The president-elect's comments about reconsidering his stance on green energy, alongside his open endorsement of Musk's ventures such as SpaceX , have prompted investors to bet on an even brighter future for Tesla . Trump's embrace of Musk's vision, particularly his support for SpaceX's Mars ambitions and the possibility of Musk assuming a role in the administration has further fueled confidence. Musk's political backing of Trump has been substantial, with the Tesla CEO con
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