Following Donald Trump’s win in the U.S. presidential election, Elon Musk’s wealth has skyrocketed by billions.
Trump’s victory has greatly benefited Musk, one of his prominent supporters, who gained $26.5 billion in a single day. Musk’s efforts included heavy funding for Trump’s campaign, promising daily support of up to $1 million for campaign backers. On Wednesday, Tesla shares spiked by 14.75%, increasing Musk’s net worth to $290 billion.