12 Jun 2025, Thu

Musk Net Worth Increased From 411 4 Billion Dollar to 191 Million Doller after Apologizing to Trump

Elon Musk-Donald Trump: There are signs of improving a relationship between Tesla CEO Allen Musk and US President Donald Trump. After Trump’s sharp criticism of ‘One Big Beautiful Bill’, now Tech Billionaire Musk has apologized to him. With this, there has been a tremendous bounce in the net worth of Musk.

Musk’s net worth increased so much

According to Forbes’ real-time bilinyer rankings, Musk’s net worth has increased from $ 411.4 billion to $ 191 million. Musk said through a post on X on Wednesday night, “I am sorry for some of my posts on President Donald Trump last week.” The matter had moved a little further. According to a New York Times report, on Friday, Allen Musk had a phone conversation with US Vice President JD Vance and White House Chief of Staff Suzy Wills, in which the two sides discussed the reconciliation among themselves.

Trump confesses to Musk’s apology

Talking to the media here, Press Secretary Caroline Levitt told that Trump has accepted Musk’s apology and he appreciates it. The press secretary said, “We will continue to focus on the work and business of the people of America.”

Both had a fight over this matter

Let us know that the dispute between Trump and Musk started when Musk publicly condemned Trump’s tax bill. He described it as extravagant. He had said that this is a bill of waste of public money and it could not be discussed much, so it was passed overnight.

Angered by Musk’s words, Trump had said that he was fully aware of this bill, but he did not respond to it earlier. But as Musk came to know that the electric vehicle subsidy was being cut, then he understood that this would cause a loss of billions of dollars to his company. Trump had also talked about ending the government subsidy by threatening Musk.

Also read:

After all, why did I furious to finish EV Tax Credit? How much does Tesla and Spacex benefit from government funds?

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