Elon Musk's fortune exceeds $300 billion after Trump's election victory

Elon MuskTesla's net worth has surpassed $300 billion for the first time in nearly three years, as shares of Tesla Inc. soar on bets about its close ties to the president-elect Donald Trump will strengthen the company.

Musk has contributed more to his personal wealth than anyone else covered by the US government since Trump's election victory Bloomberg Billionaires Index. Tesla shares have risen 28% since Tuesday's close, adding $50 billion to his fortune to $313.7 billion.