Close Menu
Cryprovideos
    What's Hot

    Bitcoin Repeating 2024 Rally? Analysts Eye ‘Actual Breakout’ To $120,000

    June 7, 2025

    XRP Makes Key Reversal however Quantity Drops 48%: Is It Regarding?

    June 7, 2025

    Extensively Adopted Analyst Outlines Bullish Path for Bitcoin, Says BTC Will Battle Gold and ‘By no means Look Again’ – The Day by day Hodl

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»Elon Musk’s Fortune Surges $26.5 Billion After Trump Secures US Election Victory
    Elon Musk’s Fortune Surges .5 Billion After Trump Secures US Election Victory
    Markets

    Elon Musk’s Fortune Surges $26.5 Billion After Trump Secures US Election Victory

    By Francisco MemoriaNovember 12, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Tesla and Area X CEO Elon Musk noticed his fortune surge 11.6% to $ billion after Republican presidential candidate Donald Trump received the US elections amid a broader rally for risk-on belongings that noticed the worth of his firms surge.

    In accordance with knowledge from the Bloomberg Billionaire’s Index, Musk’s internet value exploded upward after the US election outcomes revealed that Trump was set to grow to be the nation’s 47th president, including in $26.5 billion in a single day.

    The Index exhibits that Musk’s internet value was standing at $264 billion forward of the US election, and jumped to $290 billion after the outcomes got here in. 12 months-to-date, Musk’s fortune added $61.3 billion after rising by 26.8%.

    Musk’s internet value development. Supply: Bloomberg

    Musk’s internet value exploded amid a wider market rally that noticed the S&P 500 index rise 2.5% in a day and helped the flagship cryptocurrency Bitcoin hit a brand new all-time excessive above the $76,000 mark.


    Tesla, the electrical automotive firm Musk owns about 13% of in addition to 304 million exercisable inventory choices, surged round 14.75% to hit $288.5 in after-hours buying and selling. On prime of his Tesla stake, Musk owns about 42% of SpaceX, a intently held area exploration firm, and about 79% of X Corp, previously often called Twitter.

    Musk additionally has stakes in startups together with Neralink, xAI, and The Boring Firm. In accordance with a Forbes report, Musk wasn’t the one billionaire that noticed his internet value surge, as Amazon founder Jeff Bazos additionally noticed a $7 billion achieve to $223.5 billion.

    Within the cryptocurrency area, Coinbase CEO Brian Armstrong noticed an estimated $2.6 billion rise in his internet value, after the change’s shares surged greater than 31% amid the broader market rise. Armstrong’s internet value is now estimated to be round $11 billion.

    Featured picture by way of Unsplash.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Dogecoin Worth Crash Threatens Assist At $0.16, Why Bulls Should Maintain This Stage | Bitcoinist.com

    June 7, 2025

    Bittensor Surges Previous 118 Subnets Amid $1,000 TAO Worth Speculations

    June 7, 2025

    Abraxas Capital Shorts the Dip as SUI Teeters on the Edge – BlockNews

    June 7, 2025

    Digital pockets: why do shoppers use extra monetary apps?

    June 7, 2025
    Latest Posts

    Bitcoin Repeating 2024 Rally? Analysts Eye ‘Actual Breakout’ To $120,000

    June 7, 2025

    Extensively Adopted Analyst Outlines Bullish Path for Bitcoin, Says BTC Will Battle Gold and ‘By no means Look Again’ – The Day by day Hodl

    June 7, 2025

    Crypto Suffers $1 Billion Flush As Musk-Trump Feud Shakes Bitcoin

    June 7, 2025

    Bitcoin MVRV Ratio Kinds Bear Cross—Brace For Affect?

    June 7, 2025

    Public Keys: Gemini Twinning Circle, Technique's 'Most popular' Bitcoin Play – Decrypt

    June 7, 2025

    Bitcoin ATM Operator CoinFlip Targets $1B Sale as Market Shifts

    June 7, 2025

    Bitcoin Recovers From $100K Dip Whereas On-Chain Knowledge Exhibits Rising Miner Exercise

    June 7, 2025

    Michael Saylor Points Victorious BTC Tweet: ‘Technique Is Absolutely Torqued Bitcoin’

    June 7, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    How This Crypto Dealer Turned $9,000 Into Tens of millions in a Month

    May 17, 2025

    Is It Too Late To Purchase HBAR? Hedera Value Soars 45% And This May Be The Subsequent Crypto To Explode

    December 2, 2024

    Listed here are 3 Causes Bitcoin and Crypto and Dumping At present – BlockNews

    April 10, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.