Musk Empire, Decade Ride
ManaEngineer@manaengineer
−9.6%
since Oct 3
The idea
I believe in Elon Musk's whole orbit, not just one stock, so this is a decade-long bet on the entire empire compounding together. I hold Tesla and SpaceX directly as the core, reach the private pieces like xAI and Neuralink through a pre-IPO fund and an Alphabet stake, and add the suppliers building the data centers, cars, and satellite network underneath it all, since that's where the connection isn't fully priced in yet. I keep a cash buffer and spread the bet across many names rather than concentrating it. I'd walk away if the empire itself showed real cracks, not just a rough quarter.
What it owns
- These are the two largest publicly traded companies where Musk holds significant control, offering direct exposure to his core businesses over the decade. · SpaceXThe newly listed vehicle for direct ownership of SpaceX, offering exposure to Starlink and launch dominance as core growth drivers over the decade., Tesla, Inc.The largest publicly traded company in the Musk portfolio, with growth engines across vehicles, energy storage, and robotaxi development.31%
- Colossus and future data centers require chips, servers, cooling systems, power generation, and manufacturing capacity from these suppliers, making them direct beneficiaries of xAI's expansion. · NVIDIA CorporationSupplies the hundreds of thousands of GPUs powering xAI's data center expansion, with order growth tied to each new Colossus facility announcement., Vertiv HoldingsProvides the liquid cooling and power infrastructure required by massive GPU clusters like Colossus, with demand scaling alongside AI data center build-out., Dell TechnologiesManufactures the AI servers being deployed into xAI's Colossus data centers, with order momentum tied to expansion announcements., Taiwan SemiconductorManufactures the advanced chips across the Musk empire, from Nvidia GPUs to Tesla self-driving silicon, at the only scale capable of serving demand., Solaris Energy InfrastructureSupplies mobile power generation keeping Colossus operational while grid infrastructure catches up to data center electricity demand., Super Micro ComputerRacks and integrates servers for xAI's Colossus facilities, with revenue scaling alongside data center deployment and expansion.31%
- These holdings provide indirect access to xAI, Neuralink, Boring Company, and other private Musk ventures that are not yet publicly traded. · Destiny Tech100A listed fund holding pre-IPO stakes in xAI, Neuralink, Boring Company, and other private Musk ventures, providing portfolio access to companies not yet public., Alphabet Inc.It has held a SpaceX stake for years, creating a second channel into the empire while maintaining its core advertising and artificial intelligence businesses.11%
- These suppliers provide critical materials and components for Tesla vehicles, with revenue tied directly to production volume growth. · onsemiProvides power management chips for Tesla drivetrains, generating revenue proportional to vehicle production growth without direct exposure to Tesla's valuation., Albemarle CorporationMines the lithium essential for Tesla battery production, with decade-long demand tied to vehicle volume expansion., STMicroelectronicsManufactures the silicon carbide chips at the core of Tesla drive units, providing component-level exposure to Tesla scaling.10%
- These companies benefit from Starlink's growth through direct partnerships or by providing complementary services to the satellite network. · T-Mobile USThe direct-to-phone partner for Starlink's satellite network in the US, gaining coverage capabilities unavailable to competitors as the network expands.6%
- This digital asset has received public backing from Musk and represents the most speculative position in the take. · DogecoinThe digital asset receiving ongoing public support from Musk, representing the most volatile and speculative position in the take.2%
- Cash8%