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Trumps Humiliating OWN GOAL as Musk Suffers ?115BIL Loss
Trumps Humiliating OWN GOAL as Musk Suffers ?115BIL Loss Since Inauguration
Trump Buys a Tesla to Boost Elon Musks Struggling Stock
Donald Trump has associations with some of the wealthiest people on the planet, including Elon Musk, but they may feel somewhat disgruntled now, it is understood
MailOnline 12 MAR 2025
Some of the richest people on the planet including Elon Musk have seen their wealth tumble by more than ?160BIL thanks to market turmoil from Donald Trumps trade war.
The President was sworn in for a second term in the White House on January 20 with the stock market riding high and confidence in the US booming. This buoyant mood was underlined by the presence of the worlds biggest technology tycoons Teslas Elon Musk, Jeff Bezos of Amazon, Google co-founder Sergey Brin and the chief of Facebook owner Meta Mark Zuckerberg at the inauguration in Washington DC.
But they and Bernard Arnault, the French billionaire behind the LVMH empire that includes Louis Vuitton, Christian Dior and Tiffany might feel somewhat disgruntled now as their wealth has fallen. Mr Musk, nicknamed First Buddy for his close relationship with Mr Trump, has suffered losses of ?115BIL since inauguration day.
While the stock markets rallied in the weeks after Mr Trumps election victory in November and into the early part of this year, the situation now looks very different, with fears of recession mounting and shares tumbling
MORE;
Trump 'Bought' a Tesla to Show Support For 'Elons Baby' Encouraging Others to Do The Same
CHILDREN PLAYING in a TOYSHOP, WHILST THOUSANDS are DYING in Ukraine....
The White House lawn became a pop-up showroom, with a Cybertruck and a Model S parked out in front. After some deliberation, the president decided on the red Model S calling it beautiful.
Trumps Humiliating OWN GOAL as Musk Suffers ?115BIL Loss
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