The value of wealth came Mask Driven by the continuous increase in a company’s shares Tesla.
A new financing round also contributed to estimating the value of his artificial intelligence startup xAI at $50 billion, adding about $70 billion to his wealth after… Trump.
Tesla shares rose 3.8 percent on Friday, reflecting continued optimism that the Trump team’s plans for self-driving cars and support for electric cars will give Musk’s company an advantage over competing companies.
The stock has also risen by 45 percent since November 4, the day before the election, gaining about $350 billion in market value.
