Summary: Tesla, valued at $1.2 trillion, has experienced a rise in its stock price after the 2024 U.S. presidential election. Its Bitcoin holdings are now worth around $949 million, contributing to the company's overall digital asset value of $1.08 billion. Accounting rule changes have played a role in this increase. Musk's other ventures, including SpaceX, Starlink, Grok/xAI, X (formerly Twitter), and The Boring Company, have also seen significant valuations. Musk has entered the political landscape through his role in the Department of Government Efficiency, where blockchain technology is being used to track government spending and enhance transparency. Musk's innovations are shaping various industries, including technology, governance, finance, and space exploration.
Content Editor ( coinpedia.org )
- 2025-02-05
How Elon Musk’s Tesla and Bitcoin Investments are Dominating Global Markets
