Musk and Trump broke out in a war of words, affecting assets close to Musk such as Dogecoin
2025-06-06 21:52:43
A public spat between US President Donald Trump and former Department of Government Efficiency (DOGE) "advisor" Musk has led to a decline in the value of Musk-related deals, as well as some Trump-related deals, with Dogecoin down 10% on Thursday and a publicly traded fund linked to space exploration company SpaceX down 13%. This highlights the risks of personal-driven investing, where investors are drawn to products linked to dominant figures like Musk and Trump, and are vulnerable to sudden changes in public image. The rise of crypto tokens, ETFs, and other financial products has fueled the speculative investment landscape, which allows retail investors to bet on the fortunes of billionaires like Musk and Trump, often without regard to traditional fundamentals.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
马斯克与特朗普爆发口水战，殃及狗狗币等与马斯克关系密切的资产Next article：
Robinhood美股盘后涨7%，投资者乐观憧憬该公司将被纳入标普500指数
