Elon Musk's net worth jumps $26.5 billion after Trump election win
Elon Musk's net worth increased by $26.5 billion to $290 billion following Donald Trump's election victory. This surge was driven by a significant rise in Tesla shares, which jumped nearly 15% after the results were announced. Other billionaires also saw gains. Jeff Bezos's net worth rose by $7.14 billion to $228 billion, while Larry Ellison gained $9.88 billion, reaching $193 billion. Warren Buffett's wealth increased by $7.58 billion, totaling $148 billion. The US stock market experienced a strong rally after the election. The S&P 500 rose 2.53%, the Dow Jones increased by 3.57%, and the Nasdaq Composite climbed 2.95%. The Russell 2000 Index surged by 5.84%.