A popular question amongst us investors is where billionaires choose to invest their money. Elon Musk is a globally known billionaire, and while he doesn’t consider himself an investor, there are a few stocks he carefully watches. Founder of Tesla (NASDAQ:TSLA | TSLA Price Prediction), Musk focuses on companies outside of Tesla too. He has an interesting strategy and believes in the future of artificial intelligence (AI). Let’s take a look at the three Musk-like stocks and whether they’re worth an investment.
Alphabet
Musk has always gone big on technology, and he believes the industry will continue expanding. Despite the recent rally, Musk thinks Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) looks attractive. The stock has gained 77% in the past year and is trading for $303. Musk mentioned that the company has laid the groundwork for value creation in terms of an AI standpoint.
X already has a partnership with Google to market X’s services. As more users engage with X on the platform, the more money Google can make from the partnership. Alphabet launched the Gemini 3 AI model, which was well received, and it is also working on chips that are seeing strong demand. Google is also one of the largest investors in SpaceX and had an investment of about $900 million in 2015.
Additionally, there’s Tesla’s rival, Waymo, which is in the robotaxi race. It operates fully autonomous ride-hailing services in 5 cities and has identified 12 cities for expansion. Tesla hasn’t managed to expand its robotaxi outside of Austin and has a limited fleet of fully autonomous vehicles. On the other hand, Waymo has managed to ramp up its fleet and is aiming to expand to 26 cities by the end of the year.
The company has announced a $180 billion spending plan for capital expenditures this year, about double the amount it invested in 2025. Alphabet has seen tremendous growth in the Google Cloud segment driven by the demand for AI products. Its cloud segment revenue jumped 48% year over year to $17.7 billion. Overall, the fourth-quarter results beat estimates in the top line and bottom line, setting Alphabet up for another magnificent year. I think the stock has the potential to continue the rally this year.
Nvidia
An obvious choice for Musk, NVIDIA (NASDAQ:NVDA) is an industry leader and continues to dominate the AI sector. The company deigns and sells graphics processing units and is a leader in artificial intelligence chips. This has helped Nvidia stock become a hot pick and one of the top-performing investments in the past decade. Several hedge funds are also betting on the stock.
It also works as a partner to Tesla. Musk often speaks favorably about the company and has plans to collaborate through xAI for a giant data center in Saudi Arabia.
NVDA stock has gained 55% in the past year and is exchanging hands for $180. The company has been the biggest winner of the AI boom, and its stock generated impressive returns for investors. While it may not be possible for the stock to see a similar rally anytime soon, I believe Nvidia will keep growing and dominating the industry.
Musk plans to spend $10 billion on Nvidia hardware by the end of this year and believes that Nvidia enjoys an unmatched positioning in the AI technology space. Nvidia has also dealt with Musk’s companies in the past. It participated in a $6 billion fundraising for xAI in 2024, which was followed by another round of $20 billion. xAI uses Nvidia AI chips in its supercomputer.
Fundamentally, Nvidia continues to remain one of the strongest tech giants today. In the fourth quarter, it reported a 73% year-over-year increase in total revenue, driven by the data centers. The data center revenue came in at $62.3 billion, up 75% year over year. It ended the year with a revenue of $215.9 billion, up 65%.
I believe Nvidia is one of the best tech investments today.
Trump Media & Technology Group Corp.
Elon Musk’s third choice could be Trump Media & Technology Group (NASDAQ:DJT). It is a media company that focuses on free speech. In December, the company announced a $6 billion merger with TAE Techonologies, a nuclear fusion power company, making it one of the only publicly traded fusion companies.
Trump Media aims to leverage the growing energy demands from AI data centers, and fusion could provide vast power here. While it could mean a divergence from the core businesses, it is an opportunity to capitalize on the rising energy demand. Musk hasn’t disclosed his investments in the company directly, but the consistent backing of Trump suggests there’s a correlation between them.
DJT stock has lost 52% value in the past year and is trading for $10.64 as of writing. It was a hot buy in 2024 but has lost significant value with time. Its quarterly results aren’t impressive either. The net sales for the fourth quarter came in at $1.01 million, while the operating loss stood at $432.34 million. While the revenue remained steady, the losses have been growing at a rapid pace.
The business is heavily spending on overhead, but it isn’t seeing any results. DJT stock has always remained volatile and an unpredictable investment. It is not showing any signs of growth, and the financial results aren’t showing any improvement either. Without some sort of proof that the company is moving in the right direction, it wouldn’t be worth risking money on the stock.
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