Elon Musk's Wealth Soars as He Influences Trump's Transition Team

Nov 11, 2024, 07:12 PM

Elon Musk has emerged as a key figure in President-elect Donald Trump's transition team, spending nearly every day at Mar-a-Lago since Trump's election victory. Musk's involvement extends beyond mere presence; he has been advising Trump on staffing decisions and shaping the future administration. His influence has been noted by several sources, with reports indicating Musk's preference for certain roles within the team. Concurrently, Tesla shares have seen significant gains, soaring past $300 billion in Musk's wealth, driven by investor confidence in a second Trump term benefiting the electric vehicle maker. Musk's persistent presence at Mar-a-Lago has unnerved some members of Trump's transition team.