Donald Trump may have secured the presidency, but it’s Elon Musk who’s arguably the biggest winner in the aftermath of election night — at least when it comes to his bank account. Musk’s financial windfall is significant, and it could even mean an overhaul of the White House garage in the near future.
On Wednesday morning, just hours after Trump’s victory was confirmed, Musk’s net worth surged by a staggering $15 billion. This dramatic increase is largely attributed to a 15% spike in Tesla’s stock price, which has benefitted from Trump’s win. While other Tesla shareholders are also reaping the rewards, Musk stands out as the biggest beneficiary, thanks to his massive stake in the company.
But the financial perks don’t stop at stock gains. Musk stands to earn additional bonuses for his vocal and enthusiastic support of Trump during the election. It’s no secret that Musk’s companies, especially SpaceX, rely heavily on government contracts — with NASA’s Artemis lunar missions depending on SpaceX rockets. And then there’s Tesla, which, as it turns out, could play a crucial role in Trump’s presidency.
Picture this: a fleet of Tesla Cybertrucks rolling through Washington, D.C., as part of the presidential motorcade. While it may sound far-fetched, it’s not entirely out of the question.
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The Cybertruck, designed with bulletproof armor glass, could make for an ideal choice for the Secret Service, which would undoubtedly add its own customizations. Trump has long been skeptical of electric vehicles, but he’s spoken highly of Elon Musk’s genius, even suggesting that Musk could play a role in overseeing “government efficiency.”
Imagine the symbolism of a Cybertruck-dominated presidential motorcade. Not only would it raise the profile of Tesla’s futuristic vehicle, which has struggled to generate sales in recent months, but it would also reinforce Musk’s standing as a key player in the future of American industry.
With the top-tier Cybertruck models priced around $200K each, we’d bet Trump could strike a deal with the CEO for a fleet fit for the White House.
When the election results go in your favor, the spoils are many — and it seems Elon Musk is already cashing in on this particular victory