According to information from the Bloomberg news agency, the fortune of the richest man in the world, the high-tech entrepreneur Elon Musk, has exceeded the mark of more than 400 billion dollars. This is a world premiere, the agency reported.
On the one hand, the shares of the electric car manufacturer Tesla, led by Musk, have increased since the election victory Donald Trump on November 5th increased by more than 65 percent. On the other hand, a share buyback in Musk’s space company SpaceX increased his share in the company. His assets have increased by around $50 billion to $440 billion (419.18 billion euros), Bloomberg reported.
Musk supported Trump’s election campaign with $270 million, making him the largest donor in the history of US politics. The right-wing populist, for his part, has commissioned the entrepreneur to head a new department for efficient governance.
Musk’s companies are also commissioned by US authorities
Through his alliance with Trump, Musk now has considerable influence over the US government, which raises the question of massive conflicts of interest. His activity could also lead to further contracts for his companies.
SpaceX sends military satellites into space, brings astronauts to the ISS space station and is intertwined with the Pentagon and NASA in many ways. Last year alone, the Musk companies received, according to information from New York Times public contracts worth three billion dollars (2.85 billion euros).
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