Musk earned 10 times more than Trump wealth in 7 days; Know how much company's market cap increased

Elon Musk, CEO of Tesla and X put all his strength into Donald Trump's victory in the US presidential election. With this, he earned about 10 times more than Trump's total wealth in just seven days. Before Trump's victory, Musk's total wealth was $262 billion i.e. Rs 22.11 lakh crore, on Tuesday it increased to $313.6 billion i.e. Rs 26.46 lakh crore. Trump's wealth is about $5.6 billion i.e. Rs 47.26 thousand crore. The results of the US presidential election were declared on November 6.

According to the Forbes Real-Time Billionaires Index, Musk, the world's richest person, received an increase in his wealth of $313.6 billion. Musk owns an electric vehicle company called Tesla, whose stocks saw a huge surge following Trump's victory. Tesla increased its stock by 39 percent and the market cap of the company increased by one trillion dollars i.e. 84.39 lakh crore.

Musk utilized full capacity on his social media platform X for Trump. He funded the operation in the swing states for the registration of voters who were inclined towards the right wing. Media reports say that he now wants to take full advantage of the investment he made in Trump's victory.