How Trump's Victory Made Elon Musk $70 Billion Richer?
Trump’s Win Boosts Billionaire WealthAfter Donald Trump's win in the U.S. presidential election, billionaires like Elon Musk and Jeff Bezos saw their net worths soar, collectively gaining $64 billion.
Stock Market Rally and Musk’s $26.5B SurgeElon Musk gained an astonishing $26.5 billion, while Jeff Bezos and Larry Ellison also saw massive increases in their fortunes.
Tech Giants Thrive Amid OptimismThe anticipated low-tax, deregulation focus of the Trump administration led to a stock boom, benefiting billionaires like Mark Zuckerberg and Bill Gates.
Calls to Reform the Federal ReserveTrump’s win has intensified calls to dissolve or reform the U.S. Federal Reserve, with Elon Musk sharing a tweet criticizing its independence.
Bitcoin’s Rising Role Amid Inflation ConcernsAs the Federal Reserve faces criticism, Bitcoin gains popularity as an inflation hedge. U.S.