That's money for nothing
And he's workin' fer free
Elon Musk spent $277 million to elect Trump President. Since Election Day, he has become $154 billion richer. Not a bad return on his investment
By mid-December, Musk's fortune had jumped from $262 billion before the election to a peak of $486 billion, according to the Bloomberg Billionaires Index, fueled by a massive surge in Tesla (NASDAQ:TSLA) stock. The Washington Post reported that Tesla shares rose 70% post-election, with investors betting that Trump's pro-business policies, deregulation efforts, and his close ties to Musk would benefit Tesla, SpaceX, and Musk's other ventures.
Trump even appointed Musk to co-chair the newly created Department of Government Efficiency, a move seen as a potential boost for Musk's businesses and potential conflicts of interest.
[link to finance.yahoo.com (secure)]
It's hard to watch, so hard, in fact, that I do not. I am reminded of the immense hollowness of the floating apparations at a Thanksgiving Day Parade in New York.