You have to hand it to Elon Musk. The man who plumbed the depths of his PayPal fortune to launch SpaceX, a private rocket company, and put up with “production hell” to make Tesla’s first mass-market electric vehicles (EVs),

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.

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.