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Musk’s ascent to White House hands Australian fund $140m windfall

Joshua PeachMarkets reporter

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Australia’s largest Tesla backer is having a very good month.

Brisbane-based Hyperion Asset Management has watched its 1.55 million share stake in the US electric vehicle manufacturer soar in the weeks following Donald Trump’s decisive win in the US presidential election.

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Joshua Peach is a Markets Reporter at The Australian Financial Review Email Joshua at joshua.peach@nine.com.au

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    Original URL: https://www.afr.com/markets/equity-markets/musk-s-ascent-to-white-house-hands-australian-fund-140m-windfall-20241125-p5kt8e