elon musk's stocks have been on a tear lately, and it appears they're getting even hotter. the recent exodus of some major exchange-traded funds from the space, as well as the absence of companies like spacex and tesla from these funds, has led to a significant break out in elon musk's stock price.
according to available data, only two exchange-traded funds have been created that exclude companies founded, controlled, or led by elon musk. these are the solar investment trust (silt) and the van winkle small-cap investment portfolio (vwscip). while it may seem like a limited number of options for investors looking to avoid musk's companies, this exclusionary approach could also be seen as an opportunity.
the exact reasons behind this trend are unclear, but some analysts suggest that musk's increasing influence over his own company and the recent changes in the funding landscape may have contributed to the shift. Regardless of the reason, elon musk's stock price has indeed surged in recent days, making him one of the most valuable individuals in the world.