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Home World News

Rs 10 lakh crore in 10 minutes! Musk became rich due to Trump’s victory, understand the complete mathematics

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November 6, 2024
in World News
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Rs 10 lakh crore in 10 minutes! Musk became rich due to Trump’s victory, understand the complete mathematics


US President Elections 2024: While the results of US Elections 2024 disappointed some people, it also brought a smile on the faces of many people. Something similar happened with the world’s richest businessman Elon Musk. After the results of the presidential election, his company Tesla became silver. As soon as the stock market opened, Elon Musk’s shares made a huge jump and earned Rs 10 lakh crore in just 10 minutes.

Not only this, we may also see a rise in Tesla shares in the coming days. Today on Wednesday (06 November) the shares of the company created a new record and ended the drought of 52 weeks. As soon as the stock market opened, Tesla’s shares opened at $284.67 and within 10 minutes reached a 52-week high. A day ago the company’s shares were at $251.44. It is expected that this share can reach $300.

Market cap crossed $900 billion

There was also an increase in the market cap of Tesla company. When the company’s shares reached high, its market cap crossed $900 billion. Within 10 minutes, there was an increase of approximately 120 billion dollars in its market cap. If these dollars were converted into Indian currency, an increase of approximately Rs 10 lakh crore was seen. Till a day ago, the market cap of the company was $ 796.72 billion.

Musk became rich, total wealth 282.7 billion dollars

TV9 Hindi, quoting data from Forbes Real Time Billionaires, said that Elon Musk’s wealth has seen an increase of more than 18 billion dollars. The total wealth of Tesla owner was shown to be 282.7 billion dollars. According to statistics, Elon Musk is currently the richest businessman in the world.

Also read: Trump’s ‘America First’ agenda may increase duty on Indian vehicles, clothes, pharma goods, experts believe


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Tags:  Donald TrumpElon MuskElon Musk Incomeelon musk net worthStock Tesla Sharestock tesla sharesUS election results 2024US Elections 2024US Elections Results 2024US Presidential Election 2024US Presidential Elections 2024
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