Elon Musk’s wealth has surpassed $300 billion once again, nearly three years later. According to Bloomberg, Musk’s net worth has seen a significant surge, especially following Donald Trump’s victory in the U.S. presidential election. This increase in his wealth is primarily due to the rise in Tesla’s stock prices.
Since Tuesday, Tesla’s stock prices have risen by 28%, boosting Elon Musk’s fortune by $50 billion, bringing it to $313.7 billion. It is noteworthy that newly elected U.S. President Donald Trump has already indicated measures that could benefit Musk’s companies.