Elon Musk Gains Influence in Trump Administration Following Election

Musk's support for Trump has led to increased wealth and a prominent advisory role in the new administration.

Elon Musk's net worth has surged by over $54 billion due to a rise in Tesla and SpaceX stock prices following Trump's re-election.
Musk, a major supporter of Trump, has been appointed to lead the Department of Government Efficiency, focusing on reducing US spending.
The billionaire has been heavily involved in Trump's transition, participating in meetings and advising on policy and personnel decisions.
There are concerns about potential conflicts of interest, given Musk's companies' extensive government contracts and regulatory scrutiny.
While Musk's close relationship with Trump is unprecedented, analysts speculate it could face challenges due to their strong personalities and differing interests.