Whether it's Wall Street Funds or small short-term traders, as long as there is the courage to place heavy bets on Elon Musk's business empire, there's hope for a substantial profit by the end of this year, because Donald Trump's victory in the USA elections has significantly boosted the wealth of the world's richest individual.

Musk's support for Trump during the campaign and his appointment to lead the newly established Department of Government Efficiency have made his companies, including Tesla and privately held unicorns SpaceX and xAI, hot assets. These companies have seen their Market Cap soar this year, pushing Musk's personal wealth to over 40 billion dollars.

The Closed-end Fund Destiny Tech100 Inc. (DXYZ) is one such fund that has jumped on the Musk trading bandwagon. Since the election on November 5th, the fund has surged over 500%. This fund invests in shares of privately held unicorn companies, with its latest filing showing that as of the end of September, bets on SpaceX accounted for more than a third of its Hold Positions. Trump's victory has led to a large influx of retail investors into this fund, driving its trading price far above the valuation of its underlying assets, with premium levels reaching astonishing heights.

"The election has been a major catalyst for these 'Trump derivatives'," says Todd Sohn, an ETF strategist at Strategas. "Musk is clearly involved in the government, so investors are flocking to these funds to quickly gain exposure to Musk's companies."

Some old-school stock-picking funds, such as Baron Partners Fund, have also emerged as winners. The fund's ROI for the year to date is close to 40% - far exceeding the NASDAQ 100 Index - while just before the election, the fund had been in a losing state. The 80-year-old fund manager Ron Baron has Tesla as the largest Hold Position, which accounted for 40% of its Assets as of November, while SpaceX's share was 10%.

Musk trading this year has also helped another fund turn losses into profits. Cathie Wood's flagship ETF ARK Innovation ETF, worth 7 billion dollars. ARKK's annual return as of October has still been negative this year, but has soared over 25% since the USA election.

In addition, the ARK Next Generation Internet ETF, which invests in Tesla, Bitcoin and digital asset companies, is expected to see growth of over 50% this year. Sohn from Strategas views these as direct beneficiaries of Musk trading.

However, the fact may prove that some investment tools with huge price increases carry high risks, as their trading prices are often significantly higher than the underlying assets. For example, DXYZ's Market Cap of 0.8 billion USD has reached the highest since April, with a trading price exceeding 10 times its latest disclosed net asset value, ranking among the top in terms of premium levels among similar Closed-end Funds.