Elon Musk:
The tech billionaire has been a vocal supporter of cryptocurrencies, especially Dogecoin. His tweets often influence market prices.
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Sir Richard Branson, the billionaire entrepreneur who owns Virgin Galactic, boarded his rocket for its maiden space voyage, debuting private space tourism and beating Elon Musk and Jeff Bezos to the private space race.
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The impact of tech on the Buffet indicator
In 2021, Elon Musk asked Cathie Wood, the famous tech-focused investor from Ark investments, what is her explanation for the high Buffet indicator (a ratio of US stock market/GDP). Cathie suggests a few reasons:
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