Musk is expected to become the first trillionaire! After betting on Trump's overwhelming victory, Musk's business empire is expanding rapidly.

SpaceX is preparing to launch a tender offer in December, planning to sell internal stocks at a price of $135 per share, which will push the company's valuation to over $250 billion, setting a new high for private company valuation in the usa. According to Bloomberg, SpaceX is also in preliminary discussions about selling shares to insiders, which could bring the company's valuation to around $255 billion.

Musk's other AI startup, xAI, recently completed a new round of funding amounting to $5 billion, and compared to the last funding round completed in May this year, the company's valuation is expected to double to $45 billion.

It is reported that this funding will likely be used to purchase 100,000 nvidia chips to build xAI's datacenter in Memphis, Tennessee, USA. Of the raised funds, $5 billion is expected to come from sovereign wealth funds of several Middle Eastern countries.

With the momentum from the "Trump deal," Tesla's stock price has also risen consecutively, increasing by more than 25% since November 5, adding approximately $225 billion to its market cap, briefly surpassing the $1 trillion mark.

Thanks to the soaring valuation of his companies, Musk's overall net worth has also significantly increased. Bloomberg Billionaires Index shows that Musk's net worth has now risen to $306.5 billion, a year-on-year increase of 33.8% ($77.5 billion).

In September, wealth tracking website Informa Connect released a report stating that by 2027, Musk may become the world's first trillionaire.

After Trump's election, the company valuation of Musk increased significantly.

As a core member of the circle around the soon-to-be President Trump of the usa, Musk's company is attracting a lot of capital.

Investors generally believe that, with the support of the Trump administration, Musk's business empire is expected to achieve a broader growth outlook.

In fact, Musk's enterprises were 'severely suppressed' during the Biden administration:

Reports indicate that after Biden took office, he strengthened support for electric vehicles and invited car companies to participate in events related to electric vehicles multiple times but never invited Musk to attend.

Analysts state that Tesla is the only auto manufacturer in the usa without a union, and has thus attracted attention from federal regulators; the Biden administration's tough stance has harmed Musk's interests.

Although NASA funds support SpaceX's work in commercial crewed missions, its moon landing plan changed midway: it canceled SpaceX's exclusive contract and diverted orders to other competitors such as Blue Origin and boeing.

In comparison, Trump's plan to terminate the electric vehicle subsidies may be good news for tesla. This is because tesla cars that buy core components directly rather than being produced locally do not qualify for full subsidies, and the cancellation of subsidies will lead to greater losses for tesla's competitors.

Moreover, Trump's policies tend to relax regulations and encourage technology innovation, providing a favorable policy environment for Musk's "Mars plan."

At a Democratic campaign event held in October, Biden stated that before becoming the world's richest person, Musk started his career in the usa as an "illegal laborer":

"That world’s richest person (Musk) was originally an illegal laborer when he was here."

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