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At the start of 2020, Elon Musk had a net worth of $27 billion. [12] By the end of the year his net worth had increased by $150 billion, mostly driven by his ownership of around 20% of Tesla stock. [13] During this period, Musk's net worth was often volatile.
Tesla CEO Elon Musk has become the first person to top a net worth of $400 billion, according to Bloomberg News. Musk's wealth, which was last counted at $384 billion by the Bloomberg Billionaires ...
Following a big earnings beat later that month, Tesla's stock surged by 22%, leading Musk's net worth to increase by about $30 billion. The morning of Trump's reelection on November 6, which Musk ...
DOGE aims to tackle wasteful federal spending by eliminating redundancies and potential money pits. On the campaign trail, this department was proposed with promises of getting spending under ...
The concept of DOGE emerged in a discussion between Elon Musk and Donald Trump, where Musk floated the idea of a department for streamlining government efficiency. In August 2024, Trump said at a campaign event that, if he were elected, he would be open to giving Musk an advisory role. [ 4 ]
Elon Musk − whose wealth and influence have skyrocketed since President-elect Donald Trump’s victory – is the first person to reach $400 billion in net worth. The Tesla CEO was already the ...
Donald Trump selected Elon Musk and Vivek Ramaswamy to identify areas for government-spending cuts. ... Here's what the US spends money on right now. ... Updated November 13, 2024 at 2:49 PM ...
Elon Musk has suggested the Department of Government Efficiency (DOGE) can curb government spending and get inflation under control. He also believes DOGE can result in a net surplus and get the ...