Musk Hits Jackpot with 'Trump Betting'... 400 Billion Investment Yields 244 Trillion Profit, 600x Return

$277 Million Election Funding for Trump
Tesla Stock Soars 73% Since Presidential Election
Net Worth Swells by Approximately $170 Billion in About 40 Days

Elon Musk, CEO of Tesla, reportedly supported Donald Trump, the President-elect of the United States, with $277 million in campaign funds this year, resulting in a net asset increase of $170 billion (approximately 244 trillion KRW) after the election. This translates to a 613-fold 'return on investment' for Trump.

On the 15th (local time), the U.S. daily Washington Post (WP) cited the Bloomberg Billionaires Index, reporting that Musk, the world's richest person, had assets totaling $442 billion (approximately 635 trillion KRW) as of the 13th.

The newspaper noted that Musk's assets increased by $200 billion (approximately 287 trillion KRW) this year alone due to rising stock prices of Tesla and others. Of this, the amount that grew in about 40 days after the U.S. presidential election on November 5th was $170 billion, accounting for 85% of the total asset increase this year. Musk's campaign contribution to Trump was $277 million, meaning the return on investment based on asset growth after the election day reached 613 times. Looking at Tesla's stock price alone, it soared 73% from $251.44 (closing price) on election day to $436.23 on the 13th.

Musk, known as Trump's 'First Buddy' and rising as a close confidant, may see his investment returns increase further. He has been nominated as co-head of the Government Efficiency Department in Trump's second-term administration, which begins in January next year, and is deeply involved in personnel decisions. Especially as Trump actively considers easing regulations on autonomous vehicles?a cause Musk is deeply committed to?Tesla's stock price is likely to surge even more.

Jin Munster, managing partner of investment firm Deepwater Asset Management, said, "Musk took a big risk and bet heavily," adding, "In the end, he was right."

The newspaper analyzed, "A bromance between the two most powerful men in the world is unfolding," and stated, "As Musk becomes Trump's loyal political ally, Musk's corporate empire can directly benefit from policies such as deregulation promised by Trump." It also predicted, "As head of the Government Efficiency Department, Musk may create policies that directly affect his own business."