But he appeared to have made the money back already, and then some: Tesla shares soared in the hours after Trump’s victory, netting Musk some US$15 billion Wednesday morning, Forbes reported.
Musk on Wednesday shared a photo on X showing him with Trump at an election watch party in Florida, and the Republican candidate singled him out for several minutes during a celebratory speech, calling his mega backer a “super genius”.
It is not yet clear how the two mercurial, larger-than-life characters, who hardly knew each other months ago, will gel once they sit down to get to business.
Some predict the relationship will end in acrimony given the strong personalities involved, while others see Musk’s immense wealth and talents as objects of admiration for Trump that will remain constant.