Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

Tesla's 39% surge since Donald Trump's election victory last week has lifted Elon Musk's net worth by about $70 billion.

Business - CNBC - 2 days ago

Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president.

Tesla’s stock extends election surge, as Elon Musk is getting $68 billion richer

Tesla’s stock is headed for its best four-day stretch in more than four years, following Donald Trump’s election win.

Business - MarketWatch - 2 days ago

Elon Musk is $26 billion richer after Tesla's best day on the stock market since 2013

Tesla shares soared 22% on Thursday, lifting the world's richest person's net worth by roughly $26 billion.

Business - CNBC - October 24

Elon Musk’s wealth sees record two-day swell as Tesla’s stock surges

The EV giant’s stock is seeing the biggest two-day price gain in its history, adding $38 billion to Musk’s wallet.

Business - MarketWatch - October 26

Elon Musk commits $70 million to boost Donald Trump

Elon Musk, the tech mogul who is the world’s richest man, plunged more than $70 million of his personal fortune into helping Donald Trump and other Republicans win in November’s election, making ...

Tech - ABC News - October 16

Elon Musk commits $70 million to boost Donald Trump

Elon Musk, the tech mogul who is the world’s richest man, plunged more than $70 million of his personal fortune into helping Donald Trump and other Republicans win in November’s election, making ...

Elon Musk Commits $70 Million to Boost Donald Trump

The billionaire tech mogul has become one of the biggest GOP donors through his America PAC.

Business - Inc. - October 17

Tesla’s Stock Jumps After Trump’s Victory

Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.

Tech - The New York Times - 6 days ago

Trump’s victory will benefit Elon Musk and xAI

Now that Musk helped propel Trump to a victory, expect xAI to join in the list of federally approved AI vendors and possibly even preferred AI vendors.

Tech - VentureBeat - November 6

Analyzing the stock market surge after Trump's victory

The stock market hit pause Tuesday on its record-setting spike after President-elect Donald Trump's victory, but what comes after the honeymoon? CBS News MoneyWatch correspondent Kelly O'Grady ...

How Elon Musk Might Use His Pull With Trump to Help Tesla

Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.

Business - The New York Times - October 30

'Trump trade' returns for second week as bitcoin, Tesla, stocks surge

Cryptocurrencies and stocks, including Tesla, rallied Monday, picking up where they left off last week in the wake of the President-elect Donald Trump's victory.

Banks and Tesla lead list of top-performing stocks following Trump’s victory

The S&P 500 financial sector rose 5% when trading opened on Wednesday.

Business - MarketWatch - November 6

Trump’s Victory Is a Major Win for Elon Musk and Big-Money Politics

The candidate largely let the billionaire run his $175 million ground game — a gamble that future candidates could look to emulate.

Business - The New York Times - November 6

How Elon Musk stands to cash in on Trump's presidential victory

Tesla CEO Elon Musk poured at least $130 million into a pro-Trump campaign effort after an assassination attempt on the former president in July.

Business - CNBC - November 7

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.

Business - CNBC - November 6

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company

Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House

Tech - ABC News - November 6

Coinbase CEO Brian Armstrong is more than $2 billion richer after post-election stock pop

Coinbase's success in helping its candidates win their elections on Tuesday sent the company's stock price soaring, lifting CEO Brian Armstrong's net worth.

Business - CNBC - November 6

Elon Musk hopes Trump victory will help his $44bn Twitter bet pay off

The platform’s billionaire owner has seen its value plunge as advertisers run shy, revenues drop and user numbers fall. Two years ago, there was some trepidation among advertisers, anti-hate-speech ...

World - The Guardian - October 27

US probing Elon Musk's Tesla over self-driving systems

The National Highway Traffic Safety Administration's evaluation is the first step toward a potential recall of 2.4 million Tesla vehicles

‘Blade Runner 2049’ producer sues Tesla, Elon Musk for copyright infringement

The production company behind the sci-fi movie “Blade Runner 2049” is suing Elon Musk and Tesla Inc. for copyright infringement, claiming an image from the movie was improperly used to promote ...

Business - MarketWatch - October 22

Tesla investors should be wary of Elon Musk’s continued irrational exuberance

Tesla investors who were elated over the many positive statements by Chief Executive Elon Musk & Co. on Wednesday should rein in some of their expectations and remember the past.

Business - MarketWatch - October 24

Elon Musk’s Tesla Just Reminded Everyone Who Dominates the EV Market

The automaker beat Wall Street’s earnings expectations and the Cybertruck achieved profitability.

Business - Inc. - October 24

Musk has parked his Tesla on the White House lawn

The opinionated billionaire is not on the ballot, but he has turned the US election into an effective pulpit

Business - Financial Times - November 4

Trump's social media company is now worth more than Musk's X after recent surge in stock price

Donald Trump’s Truth Social is now worth more than Elon Musk’s X

Tech - ABC News - October 29

Wall Street hits record high after Trump election win, as US dollar, bitcoin and Tesla shares surge – business live

Rolling coverage of the latest economic and financial news, as investors pile into Trump trades after US election result. Donald Trump elected US president in stunning political ...

World - The Guardian - November 6

Judge Plans to Rule on Musk’s $56 Billion Tesla Payday by Year End

The contentious proceedings in Delaware’s Court of Chancery should be complete by the end of December, according to the judge’s letter to lawyers in the case.

Business - Inc. - November 1

Elon Musk predicts ‘hardship,’ economic turmoil and a stock-market crash if Trump wins

Musk’s agenda is like your new family doctor promising a major dose of brutal chemotherapy when you are perfectly healthy and cancer-free.

Business - MarketWatch - October 31

Tesla’s stock sees best day in 11 years. Why it’s still hard not to be bullish.

Tesla added $150 billion in market cap — more than the combined value of Ford, GM and Stellantis — as analysts cheered the growth forecast and increasing transparency.

Business - MarketWatch - October 24

Elon Musk's PAC Is Buying Ads for Donald Trump on Elon Musk's X

America PAC purchased ads yielding tens of millions of impressions on X between July 8 and October 1, according to the platform’s ad disclosure data.

Tech - Wired - October 21

Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion

The new fundraising effort would substantially increase startup’s valuation from spring.

Tech - The Wall Street Journal - October 29

Jeff Bezos, Elon Musk and the Billions of Ways to Influence an Election

The world’s richest men have their own rocket fleets, their own media and their own schemes to succeed with Donald J. Trump.

Business - The New York Times - October 31

Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion

The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.

Tech - The New York Times - October 31

A vote for Donald Trump is a vote for Elon Musk

Donald Trump's potential administration could benefit from Elon Musk's efficiency efforts, as he could be put in charge of a government efficiency commission to cut down on bureaucracy and save ...

Politics - The Hill - October 22

Latest in Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge