Trump also singled-out Mr Musk in his victory speech, spending several minutes praising his rocket firm, Space X. Mr Musk's association with the president-elect also boosted the share price of his electric car maker Tesla - and, with it, his net worth, which now stands at an estimated $290bn.

Given the key role Elon Musk played in bringing Trump back to office, the newly vocal Silicon Valley right expects a bonanza of industry and “innovation”-friendly de-regulation — and they are celebrating it, very publicly.

Elon Musk, the world’s richest man, played a historic role this election supporting President-elect Donald Trump in his successful quest to take back the White House. Musk, who is worth around $280 billion and owns the popular social media platform,