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Investors who have leveraged the "Musk Trade" have received substantial returns, with one Fund even surging by 500%.
Whether it's Wall Street funds or small short-term traders, as long as there's a bold bet on Elon Musk's business empire, this year's end could lead to substantial earnings, especially with Donald Trump winning the USA election significantly boosting the wealth of this world's richest person. Musk's support for Trump during the campaign and his appointment to lead the newly established Department of Efficiency have made his companies, including Tesla and the private unicorn companies SpaceX and xAI, become hot Assets. The Market Cap of these companies has soared this year, propelling Musk's personal wealth to exceed 40 billion dollars. Closed-end Fund.