Elon Musk's wealth doubles with Trump's victory

Billionaire Elon Musk's net worth has topped $300 billion for the first time in nearly three years, after Tesla shares surged on bets his close ties to President-elect Donald Trump will boost the company's profits.

Musk has thus added more to his personal wealth since Trump's victory than anyone else tracked by the Bloomberg Billionaires Index.

Tesla shares have jumped as much as 28 percent since Tuesday's close, boosting his fortune by about $50 billion to $313.7 billion.

Historic victory.. Trump wins the US elections In a new political shift in the United States, Republican candidate Donald Trump won the presidential election, becoming the country's 47th president, after obtaining 277 votes in the electoral college, outperforming his Democratic competitor Kamala Harris, who obtained 224 votes.

This victory brought Trump back to the White House after a previous term, achieving an unprecedented return to the American political arena.

Trump returns to the White House as President of the United States for the second time Trump announced his victory in the presidential race on Wednesday, expressing his confidence in securing more than 300 electoral votes, indicating his broad support in key states. In his first statement after the results were announced, Trump stressed that this victory represents a “huge victory,” adding that he is committed to continuing his efforts to make America “greater and stronger.”

With this victory, Trump returns to lead the United States in a new era that poses challenges at the domestic and international levels, as many of his supporters expect him to implement his previous policies and seek to fulfill his pledges to improve the economy and enhance domestic security.

Trump: I won't start wars, I will end them He gave a speech in which he confirmed that the policy of the United States would change; it would not go to war, but would seek to stop it.

Trump called the win an “unprecedented victory,” considering it a political and historic consensus, stressing that the United States would stop waging wars and would work to stop them. He also pledged to reform the American economy, pointing to his plans to cut taxes, create new jobs, and close the borders to those he described as criminals, promising to make America “great again.”

Trump expressed his gratitude to his supporters for their support, praised the Republican control of the House of Representatives, and thanked his wife Melania for her support during the election campaign, as well as his family and children. He paid special tribute to the Speaker of the US House of Representatives, Mike Johnson.