*"Elon's Empire Expands: Net Worth Hits $263 Billion!"*
Elon Musk's net worth soared by $20 billion following Trump's victory, solidifying his position as the world's richest man with a staggering $285.6 billion¹. This massive increase was largely driven by Tesla's share price, which jumped nearly 15% to its highest point since 2022¹. Musk was thrilled with Trump's victory, calling it a "crystal clear mandate for change"¹.
But Musk wasn't the only billionaire who benefited from Trump's win. Jeff Bezos' net worth increased by $7 billion, while Coinbase CEO Brian Armstrong saw his wealth grow by $2.6 billion¹. MicroStrategy's Michael Saylor also saw a significant increase of $600 million¹. The big winners:
- Elon Musk: Up $20 billion, net worth now $285.6 billion ¹
- Jeff Bezos: Up $7 billion, net worth now $223.5 billion ¹
- Brian Armstrong: Up $2.6 billion, net worth now around $11 billion ¹
- Michael Saylor: Up $600 million, net worth now $6.6 billion ¹
It’s worth noting that these gains were driven largely by the stock market’s reaction to Trump’s victory, with many investors optimistic about the potential for looser regulations and lower taxes ².
