Elon Musk net worth: SpaceX and Tesla CEO Elon Musk has created history. Musk has become the first person in the world to have a net worth of $400 billion. No one had been able to reach this figure before. According to a Bloomberg report, Musk has achieved this feat after the recent insider share sales and the recent US election results. Elon Musk's net worth increased by $50 billion due to SpaceX's insider trading sales. According to the Bloomberg Billionaires Index, Elon Musk's total wealth has now reached $439.2 billion.

Musk got huge benefit after Trump's victory

Since Donald Trump's victory in the US presidential elections, Elon Musk's net worth has increased by $175 billion. Tesla's shares have gone up by more than 75 percent since Trump's victory.

Musk's total wealth was around $200 billion at the end of 2022. However, Musk's companies have made huge profits since Donald Trump was elected president last month.

According to a Bloomberg report, Tesla Inc.'s shares have risen by about 65 percent after Trump's victory. The market is speculating that Donald Trump will streamline the rollout of driverless cars and eliminate tax credits for electric vehicles that have helped Tesla's rivals.

Let us tell you that on November 5, Elon Musk's wealth was $264 billion. In just over a month, Musk's wealth increased by $175 billion. On July 1, 2023, Elon Musk's total wealth was $126 billion. Musk's wealth has increased by 248 percent in the last one and a half years.