Reported 12 days ago
Elon Musk's day-trading supporters are actively buying into speculative markets, including Dogecoin and a closed-end fund with SpaceX holdings, following Donald Trump's election victory. Destiny Tech100 Inc. has seen a remarkable surge of 280% in just a week, driven by the retail investing crowd's interest in Musk's enterprises. Despite concerns over the risks of investing in private assets, the post-election rally has bolstered the appeal of Musk's companies, particularly Tesla and the controversial fund, raising questions about market volatility.
Source: YAHOO