Thu Nov 07 16:45:25 UTC 2024: ## Elon Musk’s Net Worth Soars After Trump’s Election Victory

**San Francisco, November 7th:** Tesla shares surged by 14.75% on Thursday, boosting Elon Musk’s net worth by a staggering $26 billion in a single day. The surge in Tesla stock, attributed to President Trump’s re-election victory, pushed Musk’s fortune close to the $300 billion mark.

This latest bump adds to Musk’s already impressive gains this year, with his net worth rising by $60 billion in 2024. Experts believe that Trump’s pro-business policies have significantly fueled the rise of Tesla shares.

Musk’s staunch support for Trump during the election campaign is widely known. Trump himself acknowledged Musk’s “key role” in his victory, proclaiming him a “new hero” in American political history. Musk donated $120 million to Trump’s campaign, further solidifying their connection.

Musk’s influence in the business and technology sectors, coupled with his close ties to the President, have cemented his position as a leading American businessman. Tesla shareholders are confident about the future of their investments, anticipating continued growth under Trump’s economic policies.

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