Musk on Trump's Elections...Tesla tops $1 trillion in market capitalization

[Anchor]
There will be no disagreement over Tesla CEO Elon Musk, who fully supported Trump as another winner of the U.S. presidential election.

Tesla shares surged day after day as Musk predicted his entry into the White House, surpassing $1 trillion in market capitalization for the first time in more than two years.

Reporter Lee Kyung-ah reports.

[Reporter]
At the scene of declaring victory in the presidential election, U.S. President-elect Donald Trump brought up Elon Musk's name.

{새로운}, 'new star'', and he praised him as the first contributor to the victory.

[Donald Trump / U.S. President-elect (last 6th): A new star has been born. That's Elon Musk. He's such an amazing person. We were sitting together tonight. He's been playing for Philadelphia and Pennsylvania campaigns for the past two weeks.

Musk's campaign contribution to Trump's camp alone is more than 250 billion won in our money.

In addition, he helped Trump in every battleground campaign.

[Elon Musk / CEO of Tesla (Pennsylvania on the 5th of last month): President Han (Biden) can't even go up the stairs, but there's a person who stands up with his fist clenched even after being shot. Let's fight! Let's fight! Let's fight!]

Tesla shares soar day after day as Musk signals White House entry

The market capitalization exceeded $1 trillion and about 1,398 trillion won due to the third-day surge.

It is the first time in more than two years that Tesla has surpassed $1 trillion in market capitalization.

It is interpreted as reflecting the expectation that government regulations on autonomous driving technology, which is the main field, will be eased.

Musk's challenge to move to Mars is also expected to gain more strength.

Musk's space company SpaceX will test-launch its super-sized spacecraft "Starship" for the sixth time on the 18th.

The launch, which has been held several months apart due to complicated procedures such as government approval, has been greatly accelerated.

The world is paying attention to how far Musk's challenge, which has emerged as the world's No. 1 rich man, innovative entrepreneur, and heavyweight of the Trump administration, will continue.

I'm YTN Lee Kyungah.