2 days ago
Elon Musk's net worth rises over $100 million after apology to Donald Trump
Tesla CEO Elon Musk's financial standing received a significant boost, with his net worth climbing by $191 million to reach $411.4 rise in net worth came shortly after Musk publicly expressed regret for his critical social media posts aimed at President Donald apology was shared on the social media platform X (formerly Twitter) and marked a potential reconciliation following a brief but heated dispute between the two high-profile figures. Musk's decision to extend an olive branch seemed to resonate well with the market, reflecting positively on his financial
"I regret some of my posts about President @realDonaldTrump last week. They went too far," Musk said on X. The conflict between Musk and Trump began when Musk criticised a Trump-backed bill, referring to it as "The Big Ugly Bill."This criticism followed Musk's decision to step down from a government role, which escalated into a series of harsh comments directed at Trump on social of these remarks were later removed by Musk, including those connecting Trump to controversial figures and calling for his impeachment. The tension between the two was palpable, with Musk's comments drawing significant attention and sparking widespread to his public statement, Musk made contact with Trump via a phone call, which reportedly occurred on a Monday. Following Musk's public apology, White House Press Secretary Karoline Leavitt confirmed that President Trump appreciated the himself commented on the situation, and said, "I thought it was very nice that he did that." This acknowledgment seemed to play a role in influencing market perceptions, resulting in the increase in Musk's net worth. The apology not only served to mend fences but also highlighted the potential for renewed collaboration or at least a more amicable relationship moving In
