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The Nexus
BUSINESSJun 16 · 18:35 UTCWISCONSIN EXAMINERTim Henderson

Surging stock market, Trump policies boost wealth for top 1%

Elon Musk became the world's first trillionaire following the SpaceX IPO, highlighting a U.S. trend of accelerating wealth concentration since 2022. The top 1% of Americans held 31.9% of the nation's wealth by 2025, driven by stock market gains and pro-business policies under President Donald Trump.

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Mentioned
Elon MuskpersonSpaceXorganizationDonald TrumppersonFederal Reserve BoardorganizationThomas PikettypersonEmmanuel Saezperson1%topicStock Markettopic
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