The wealth of the world's number one billionaire, Elon Musk, has increased by $50 billion in the four days since the US election.

According to the Bloomberg Billionaires Index, the Tesla and SpaceX founder's net worth was $264 billion on November 5. The day after the election, his fortune increased by $26 billion to $290 billion.

Over the next two days, November 7 and 8, the billionaire's fortune grew to $296 billion.

As of November 9, Musk's net worth is $314 billion. That's an increase of $18 billion in just one day, and a $50 billion increase since the election.

For your information, Donald Trump won the November 5 elections and became the President of the United States for the second time. It is worth noting that Elon Musk openly supported Trump in the elections and appeared at pre-election rallies many times.

Until then, the billionaire had stated that if the Trump administration would accept the position, He would work with him on creating an effective government and reducing the "giant bureaucracy." As is known, Musk aims to reduce US federal budget spending by $2 trillion.

In addition, Interconnected Capital founder Kevin Sui told Bloomberg that Musk will become the main mediator between the US and China on technology and trade issues.