Elon Musk has been a thorn in the Left’s side for years. They can’t stand the fact that the richest man in the world actually has a mind of his own and refuses to cater to their woke agenda.
Various attempts have been made to take Musk down. Despite this, he just keeps getting richer and richer.
Now, Musk has made history by accomplishing something financially that no human has before. We can only imagine how livid that liberals will be about this one!
From CNN:
Elon Musk’s net worth has reached $400 billion, according to Bloomberg, making him the first person ever to cross that mark. Behind his nearly $20 billion jump in wealth was a deal that shot up Musk’s rocket company SpaceX’s valuation to roughly $350 billion, Bloomberg reported Tuesday. SpaceX and its investors agreed to purchase as much as $1.25 billion of insider shares.Since the aftermath of the 2024 US presidential election, Musk has enjoyed a huge surge in his personal wealth.
An alliance with President-elect Donald Trump has pushed his ventures to the forefront. Musk is the chief executive of Tesla and SpaceX, as well as the owner of X and CEO of other ventures, including Neuralink, xAI and the Boring Company. Now, along with Vivek Ramaswamy, he will oversee a new “Department of Government Efficiency” (DOGE), named after a memecoin.
On Wednesday, Musk’s shares closed at a record high, reaching $424.77 at market close.
Since Trump won the presidential election last month, Musk’s fortune has skyrocketed by 77%. Since the beginning of this year, Musk has reportedly added $218 billion to his net worth.
Trump Taps Musk For Major Role
During the election, Musk spent $100 million of his own money trying to help Trump win. After his victory, Trump repaid him by making Musk co-lead of the Department of Government Efficiency, which he holds with Vivek Ramaswamy.
“Together, these two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies – Essential to the “Save America” Movement,” Trump said in announcing this.
“I look forward to Elon and Vivek making changes to the Federal Bureaucracy with an eye on efficiency and, at the same time, making life better for all Americans,” Trump continued. “Importantly, we will drive out the massive waste and fraud which exists throughout our annual $6.5 Trillion Dollars of Government Spending.”
Musk was all too happy to take on this role.
“This will send shockwaves through the system, and anyone involved in Government waste, which is a lot of people!” Musk said.
Musk already has big plans for DOGE.
“All actions of the Department of Government Efficiency will be posted online for maximum transparency,” he said. “Anytime the public thinks we are cutting something important or not cutting something wasteful, just let us know! We will also have a leaderboard for the most insanely dumb spending of your tax dollars. This will be both extremely tragic and extremely entertaining.”
If anyone deserves to make history as the first person to have a $400 million net worth, it’s Musk. Sorry, leftists, but Elon Musk is here to stay!
Sources: CNN, USA Today, The Washington Examiner, BBC