忘了特朗普的貿易 - 也許“麝香貿易”一直是一直以來的地方

據彭博社數據顯示，自選舉以來，埃隆·馬斯克（Elon Musk）的總體淨資產已增長了約1350億美元。

After Donald Trump's presidential election victory in November, there was an immediate surge in assets ranging from stocks to crypto, which was dubbed the "Trump trade." However, after an initial bump, things didn't go as expected.

唐納德·特朗普（Donald Trump）在11月的總統大選勝利之後，從股票到加密貨幣（Crypto）的資產立即激增，被稱為“特朗普貿易”。但是，經過最初的顛簸，事情並沒有按預期進行。

The president was less decisive than anticipated — particularly when it came to tariffs — and it caused the trade to fade.

總統比預期的要果斷的不太果斷，尤其是在關稅方面，這會導致貿易逐漸消失。

Meanwhile, assets specifically linked to Trump's efficiency-bureau righthand man Elon Musk have soared in appeal and value. Forget the Trump trade — maybe the "Musk trade" has been the place to be all along.

同時，與特朗普的效率 - 槍手伊隆·馬斯克（Elon Musk）的效率 - 布勞（Elon Musk）特別有聯繫的資產飆升和價值。忘了特朗普的貿易 - 也許“馬斯克貿易”一直是一直以來的地方。

The clearest distillation of this is in Musk's overall net worth, which has grown by roughly $135 billion since the election, through Wednesday, according to Bloomberg data.

根據彭博社數據，這是馬斯克的總淨資產最明顯的蒸餾，自彭伯格數據以來，自大選以來，它已經增長了約1350億美元。

But it can also be seen across Musk's array of companies, both public and private, as well as assets that function as real-time sentiment gauges for the polarizing Tesla billionaire.

但是，在馬斯克（Musk）的公共和私人公司中，也可以看到它是兩極分化特斯拉億萬富翁的實時情感計量表的資產。

Here are five ways the Musk trade has panned out positively since November:

自11月以來，馬斯克貿易積極地淘汰的五種方式：

Despite choppy returns year-to-date, Tesla stock closed Thursday up 42% since the election.

儘管逐年回報，但特斯拉股票自大選以來週四關閉了42％。

Musk has set an ambitious 2025 plan for the electric vehicle maker, including the rollout of a network of automated Cybercabs in Austin, Texas, and a return to vehicle-sales growth for the overall business.

馬斯克為電動汽車製造商制定了一個雄心勃勃的2025年計劃，包括在德克薩斯州奧斯汀的自動賽車網絡推出，以及為整個業務重返車輛銷售增長。

Meanwhile, Trump's plan to roll back Biden-era tax credits for EVs has been viewed by many analysts on Wall Street as a headwind for Tesla's competitors.

同時，特朗普在華爾街上的許多分析師認為，特朗普將拜登時代的電動汽車稅收抵免的計劃視為特斯拉競爭對手的逆風。

The meme cryptocurrency dogecoin has surged about 60% since Trump's election win. Musk has long called the Shiba Inu-inspired meme coin his favorite crypto, and even named the Department of Government Efficiency after it.

自特朗普大選贏得以來，Meme Cryptocurency Dogecoin飆升了約60％。馬斯克長期以來一直稱志伊INU啟發的模因硬幣為最喜歡的加密貨幣，甚至在政府部門之後任命了政府效率部。

Meme coins broadly have seen sharp gains in recent months. That's allowed dogecoin, the original meme token, to ride a wave of enthusiasm generated by Trump and Musk's deep political ties.

近幾個月來，模因硬幣廣泛看到了巨大的收益。這使得Dogecoin（原始的模因象徵）能夠散發出特朗普和馬斯克的深層政治聯繫所產生的熱情。

X, formerly Twitter, has seen a resurgence in recent months, at least on paper.

X，以前是Twitter，至少在紙上已經看到了近幾個月來的複興。

The banks that arranged financing for Musk's acquisition of the social media platform have been able to sell much of the previously unappealing debt they've been forced to sit on since 2022.

為馬斯克收購社交媒體平台而安排融資的銀行已經能夠出售自2022年以來被迫坐下的許多以前沒有令人著迷的債務。

The latest chunk of this debt — $4.74 billion, to be exact — was sold last week at face value. The sale was upsized from the $3 billion originally sought by Morgan Stanley and other banks after demand was higher than expected.

這筆債務的最新部分（確切地說是47.4億美元）上週以面值出售。此次出售的規模與摩根士丹利和其他銀行的需求高於預期的30億美元的價格相比。

This reversal of fortunes coincides with recent X financials that showed EBITDA of $1.2 billion in 2024, roughly unchanged from the period before Musk's takeover of the now-private company.

這種命運的逆轉與最近的X財務公司相吻合，該財務顯示了2024年的EBITDA為12億美元，這與馬斯克（Musk）接管這家私人公司之前的時期大致保持不變。

Feeding into this, advertisers are returning to the platform. There's Apple, for one. Other big names that ranked among the top spenders on X in January included Amazon, Robinhood, and Chinese e-commerce giant Temu.

為此，廣告客戶返回平台。有一個蘋果。 1月份在X上排名最高的其他大人物包括亞馬遜，Robinhood和中國電子商務巨頭Temu。

Elon Musk's xAI, which is a direct competitor to OpenAI, is also benefitting from a surge in interest from investors.

埃隆·馬斯克（Elon Musk）的Xai是OpenAI的直接競爭對手，也從投資者的興趣激增中受益。

The company, which has raced to build a massive AI data center in Memphis, is in talks to raise $10 billion at a $75 billion valuation, according to Bloomberg.

據彭博社稱，該公司已在孟菲斯建立大規模的AI數據中心，正在談判以100億美元的估值籌集100億美元。

That would represent an 88% increase from the company's $40 billion valuation in December, when it raised $6 billion in a Series C funding round.

這將比該公司在12月的400億美元估值中增長88％，當時它在C系列C融資回合中籌集了60億美元。

"This pivot into AI, for Elon, is obviously what he's good at," Ross Gerber, the CEO of Gerber Kawasaki CEO and a longtime Tesla investor, told BI. "He's 100% focused on AI."

Gerber Kawasaki首席執行官兼長期特斯拉投資者（Tesla Investor）的首席執行官羅斯·格伯（Ross Gerber）告訴BI：“對埃隆（Elon）而言，這個樞紐顯然是他擅長的。” “他100％專注於AI。”

SpaceX, Musk's space flight company, is also among the entities that's seen its valuation soar since Trump's election.

Musk的太空飛行公司SpaceX也是自特朗普當選以來其估值飆升的實體之一。

In December, the space exploration company sold shares at a $350 billion valuation, a 67% increase from its previous valuation of $210 billion.

12月，該太空勘探公司以3500億美元的估值出售股票，比以前的2100億美元估值增長了67％。

SpaceX is also racking up deals for its satellite internet division, Starlink, with companies like T-Mobile.

SpaceX還與T-Mobile這樣的公司與衛星互聯網部門Starlink達成了交易。

And not just in the US. In early January, it was reported that the Italian government was considering a $1.6 billion deal for secure telephone and internet via Starlink.

而不僅僅是在美國。 1月初，據報導，意大利政府正在考慮通過Starlink為安全電話和互聯網達成16億美元的交易。