is elon musk planning to get into mutual funds industry – start a mutual fund / hedge fund ?

is elon musk planning to start a mutual / hedge fund ?

there has been a lot of rants from him about how a lot of money is flowing into low cost index funds

but the funds make money from high expense ratios – actively managed funds

sometimes they exceed the market returns , sometimes they don’t

but even when the funds don’t better the market , they still get paid

so watch out for news that elon musk is starting a mutual fund or a hedge fund