Musk Invests KRW 400 Billion In Trump, Increases Asset by KRW 244 Trillion

Tesla CEO Elon Musk has made more than 600 times profit from his investment in Trump, The Washington Post reports.

As of the 13th, Musk, the world's richest man in the Bloomberg Billionaires Index, has assets of $442 billion and KRW 634.8 trillion in our money.

Tesla's stock price rose by about 80% this year alone, or $200 billion, and our money increased by 287.24 trillion won, especially after the U.S. presidential election, by 170 billion dollars and 244.154 trillion won.

85% of this year's asset growth occurred in about 40 days since the 5th of last month, during which Tesla's stock price jumped 73.5% from $251.44 on the 5th of last month to $436.23 on the 13th of this month.

Musk, who actively supported former President Trump during the U.S. presidential election, is enjoying significant effects from the election of Trump.

Musk earned $170 billion during the presidential campaign, 612 times the return, after investing heavily in Trump with $277 million and 398.7 billion won in our money.

Musk has been appointed as Trump's second head of government efficiency and is also involved in cabinet personnel, exercising powerful powers as Trump's closest ally, which could further increase his returns.

The Washington Post analyzed, "As Musk becomes a loyal political ally of Trump, Musk's corporate empire can benefit directly from Trump's promised deregulation and other policies."

"As the head of government efficiency, Musk can also create policies that directly affect his business," he predicted.

In addition to electric vehicle maker Tesla, Musk also has space company SpaceX, cranial neuroscience startup Neuralink, artificial intelligence (AI) company xAI, social media X and tunnel excavation business Boring Company.

Senator Edward J. Markey, who has criticized Tesla's approach to advanced driving assistance, criticized that "Musk is already earning a return on investment in Trump."

He also said he will not allow Musk to ease regulations or weaken legal standards for his business.