US Elections 2024 Results, Tesla Shares US Elections Results 2024: Donald Trump on Wednesday scripted history after he won US Elections 2024 returning to the White House for the second non-consecutive time. Democrats' Kamala Harris secured 224 electoral colleges, while Republicans' Trump has won 270 - the majority mark. With this, Donald Trump will be the second Republican to get a second term in office in 20 years. George Bush, a Republican, was president from 2001 to 2009. After Donald Trump's victory, the US and Indian share markets surged. Elon Musk going all out for endorsing Donald Trump in the US Election campaign turned out to be a masterstroke for the billionaire. After Trump claimed victory in US Elections 2024, Tesla shares witnessed a massive jump in the stock market.
How much did Elon Musk earn after Donald Trump's victory?
Money rained on the world's richest man, Elon Musk, and he reportedly earned more than Rs 2 lakh crore in just 24 hours. In fact, amid the boom in the US market, the stock of his company, Tesla, jumped by 15 percent, reported Aaj Tak.
Talking about the US Stock market, when Donald Trump won the US Election, there was a strong jump in the American stock market. The Dow Jones rose by 1508 points or 3.57 percent and reached the level of 43,729. At the same time, the S&P500 also jumped 2.53 percent while running at a rapid pace. Not only this, but Nasdaq also saw a rise of about 3 percent. Due to this surge in the American market, the shares of many companies rose at record speed and a strong jump was seen in the net worth of everyone from Elon Musk to Jeff Bezos.
The biggest benefit of this surge in the American market due to Trump's victory was the World's Richest Person Elon Musk and a strong jump was seen in his net worth. According to the Bloomberg Billionaires Index, Elon Musk's Net Worth increased by more than $26.5 billion or about Rs 22,32,65 crore. After this increase in wealth, Elon Musk's net worth has become $290 billion.