Why Musk has hit payday even before Trump takes office
The Tesla chief executive and other super-wealthy entrepreneurs could benefit from deregulation with the new president, but some are already reaping rewards.
A rising tide is lifting all superyachts. As growing net worth goes, however, Elon Musk is in a category of one. Since Donald Trump won re-election on November 5, Musk’s wealth has leapt by roughly two-thirds to $US440 billion ($694 billion).
At this rate, he will comfortably become a trillionaire during Trump’s second presidency.
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Financial Times
Edward Luce is the Washington columnist and commentator for the Financial Times. He writes about American politics and the economy.
