Ark’s Cathie Wood lets retail investors bet on Elon Musk’s private startups and potentially profit from his proximity to Trump

Fortune11-21 17:33

Cathie Wood’s ARK Invest is inviting retail investors to bet on Tesla CEO Elon Musk’s private startups and possibly profit from his newfound closeness to President-elect Donald Trump in the process. ...

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Among the companies it touted as part of its holdings were Musk startups such as space tech company SpaceX, social media company X, and xAI, the startup behind the chatbot Grok.Musk’s ability as an entrepreneur was an asset to the fund, the firm wrote in the email.“With the ARK Venture Fund, you have a rare opportunity to potentially benefit from Musk's full breadth of leadership and his commitment to reshaping industries such as space exploration, artificial intelligence , social platforms, and renewable energy,” the firm wrote.If Musk stays in Trump’s favor, he could push for softer regulati","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU2023250330.USD":"ALLIANZ INCOME AND GROWTH \"AMG\" (USD) INC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4516":"特朗普概念","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4592":"伊斯兰概念","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","TSLA":"特斯拉","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","BK4555":"新能源车","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1629891620.HKD":"ALLIANZ INCOME AND GROWTH \"AMG2\" (H2-HKD) INC","ARKK":"ARK Innovation ETF","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4099":"汽车制造商","BK4511":"特斯拉概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4527":"明星科技股","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","BK4550":"红杉资本持仓","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4574":"无人驾驶","LU0964807845.USD":"ALLIANZ INCOME & GROWTH \"A\" (USD) INC","BK4544":"ARK ETF合集","BK4551":"寇图资本持仓","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","BK4581":"高盛持仓","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC"},"translate_title":"Ark的凯西·伍德(Cathie Wood)让散户投资者押注埃隆·马斯克(Elon Musk)的私人初创公司，并有可能从他与特朗普的亲近中获利","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKK":1,"TSLA":0.9},"content_text":"Cathie Wood’s ARK Invest is inviting retail investors to bet on Tesla CEO Elon Musk’s private startups and possibly profit from his newfound closeness to President-elect Donald Trump in the process.\nThrough its ARK Venture Fund, the firm is giving retail investors the chance to invest in companies that aren’t listed on public markets, it wrote in an email to subscribers, Business Insider reported. Among the companies it touted as part of its holdings were Musk startups such as space tech company SpaceX, social media company X, and xAI, the startup behind the chatbot Grok.\nMusk’s ability as an entrepreneur was an asset to the fund, the firm wrote in the email.\n“With the ARK Venture Fund, you have a rare opportunity to potentially benefit from Musk's full breadth of leadership and his commitment to reshaping industries such as space exploration, artificial intelligence (AI), social platforms, and renewable energy,” the firm wrote.\nAnother benefit, Ark added, is Musk’s newfound “buddy-in-chief” status with Trump and his potential influence on policy. \n“Musk's recent involvement in U.S. policy discussions under the Trump administration is paving the way for a stronger environment for innovation in the United States. This support could potentially fuel his companies' growth and amplify their ability to lead in key areas of technology and sustainability—putting ARK Venture Fund investors at the forefront of this transformative era,” the firm wrote in the email.\nAmong the fund’s holdings, which also includes competitors to some of Musk’s companies such as OpenAI, Anthropic, and Figure AI, is 15% exposure to Musk’s non-public companies. The fund’s holdings include a 12.7% stake in SpaceX, a 1.5% stake in xAI, and a 0.7% in X Corp, according to its email.\nWhile Musk has a proven track record as an entrepreneur, investing in startups is often much riskier than speculating on public companies. About 90% of startups fail over the long run for many reasons, including a lack of cash. And in the third quarter, startup funding was down 15% year-over-year and down 16% from the prior quarter, according to Crunchbase data. The relatively small size of the ARK Venture Fund’s check sizes could also limit retail investors’ returns, ARK Invest “futurist” and fund manager Brett Winton told BI.\nArk did not immediately respond to Fortune's request for comment. \nStill, Musk’s outsized political access could be a gamechanger for his many startups once Trump takes office in late January. On Tuesday, the president-elect accompanied Musk during the launch of a SpaceX starship in Texas. \n“Good luck to @ElonMusk and the Great Patriots involved in this incredible project,” Trump wrote in a reply to SpaceX’s tweet about the Tuesday rocket launch. \nIf Musk stays in Trump’s favor, he could push for softer regulations and changes at the regulators that oversee his biggest startup, SpaceX, including the Federal Aviation Administration. The agency has previously fined SpaceX for allegedly, “failing to follow its license requirements during two launches in 2023.”\nThrough Musk’s recently announced position on the Department of Government Efficiency, the world’s richest man could have leeway to cut government operations drastically to try to save money. In September, Musk threatened to sue the FAA and accused it of being biased against his company. \n“I am highly confident that discovery will show improper, politically-motivated behavior by the FAA,” Musk wrote in a September post on X commenting on SpaceX’s impending lawsuit against the agency.\nThis story was originally featured on Fortune.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485464216"}