Elon Musk's Net Worth Soars By $26.5 Billion In Single Day After Tesla Stock Surges Post-Trump Victory

Elon Musk witnessed a jaw-dropping increase in his wealth following Donald Trump's victory in the 2024 election.

Data from the Bloomberg Billionaires Index showed Musk’s net worth soaring by $26.5 billion in a single day on Wednesday, lifting his total wealth to an unprecedented $290 billion.

Musk reportedly contributed $118 million to Trump's campaign, an amount that has already been dwarfed by the returns generated from the post-election Tesla Inc. (NASDAQ:TSLA) rally.

The electric vehicle giant surged 16.2% on Wednesday, hitting the highest levels since July ...