Investors caught up in the "Musk Deal" are rewarded handsomely. One fund has even soared by 500%. Whether it is a Wall Street fund or a small short-term trader, as long as they dare to bet heavily on elon musk's business empire, they are expected to make a lot of money this year, because Donald Trump's victory in the US election has strongly boosted the wealth surge of the world's richest man. Musk's support for Trump during the campaign and his appointment to lead the new government efficiency department made his enterprises, including Tesla and unlisted unicorn companies SpaceX and xAI, hot assets. The market value of these companies has soared this year, pushing Musk's own personal wealth to exceed $400 billion. The closed-end fund Destiny Tech100 Inc.(DXYZ) is such a fund that caught the wind of Musk's trading. Since the November 5 election, the fund has soared by more than 500%. The fund invests in the shares of unlisted unicorn companies, and its latest declaration shows that as of the end of September, the bet on SpaceX accounted for more than one-third of its positions. Trump's victory prompted a large number of retail investors to flood into the fund, pushing its transaction price far beyond the valuation of its underlying assets, and the premium level rose to an eye-popping high.Us treasury secretary yellen: (when asked about trump's consideration of reducing or canceling the banking regulator) the current us system has not been broken.Spot gold fell more than 1.00% in the day and is now reported at $2,652.65 per ounce.
Turkish Foreign Minister: We hope to see an inclusive government in Syria.The international gold price plunged, and the COMEX gold main contract fell by 1.3%, approaching the $2,670 mark.Intercontinental Exchange (ICE): In the week of December 10th, the net long position of ICE Brent crude oil held by speculators increased by 5,349 contracts to 162,273 contracts, a record high of more than two months. The net long position in sugar will reach a three-month low, and the net long position in Robusta Coffee will hit a four-week low, increasing the net long position in London Cocoa.
According to informed sources, Ultramicro Computer is considering issuing additional shares and bonds. Ultramicro computers fell 6% in after-hours trading.Fitch: Supply chain constraints and labor cost inflation will continue to affect global airlines until 2025.The Prime Minister of Qatar held talks with the Assistant to the President of the United States for National Security Affairs to discuss the regional situation. The Prime Minister and Foreign Minister of Qatar, Mohammed, held talks with the Assistant to the President of the United States for National Security Affairs, jack sullivan, in Doha, the capital. The two sides focused on the Syrian situation, the conflict in Gaza and other regional affairs. The two sides stressed that it is necessary to promote an inclusive political process and achieve a peaceful transfer of power in accordance with UN Security Council Resolution 2254, and all parties in Syria should also strengthen efforts to protect civilians and combat terrorism. The two sides also exchanged views on the latest situation in Gaza.