Elon Musk Declares War On The $436 Trillion Banking Sector — And A Surprising Celebrity Has Already Joined The Cause

Musk says he wants his new bank to be “the place where all the money is.” One money expert says the ripple effects could send certain stocks soaring hundreds, even thousands of percent, while sinking traditional banks. 

Elon Musk is no longer just disrupting cars and rockets. 

He has now set his sights on the single largest industry on the planet: banking. 

And in classic Musk fashion, he is not interested in a slow, polite entrance. 

According to recent statements, the world’s richest man wants his new bank to become “the biggest financial institution in the world” and “the place where all the money is.” 

That is a direct shot at the entire $436 trillion global banking sector. 

And he is already attracting high-profile early adopters. 

Among them: Star Trek legend William Shatner, who has reportedly signed up to join Musk’s new bank. 

Musk is even handing out free money bonuses to Americans who open accounts. 

Click here to see how to claim yours. 

A 27-Year Plan, Finally Unleashed 

To those who see Musk’s banking ambitions as outlandish (even for him), one detail might come as a surprise. 

This is not a new idea. 

According to insiders, Musk has been planning this move for 27 years. 

It is, in fact, what he originally wanted to do with PayPal in the late 1990s, before his business partners pushed him out of the company. 

Now, decades later, Musk appears to be exacting his revenge, and the entire traditional banking sector is in his crosshairs. 

“He’s coming for the entire banking sector,” one analyst put it. “What else would he settle for?” 

See the full breakdown of Musk’s plan here. 

The Analyst Tracking The Winners And Losers 

One man who has been studying this development closely is Luke Lango — a Caltech-trained analyst with a background in finance, mentored by two hedge fund legends, who founded his own investment firm before he had even left college. 

Lango has a notable track record of identifying disruptors early in their rise. 

• He recommended Palantir Technologies before it rose 1,200%. 

• He flagged AMD back in 2015, before it soared 13,500%. 

• And he was bullish on Nvidia well before it became the most valuable AI company on the planet. 

Now, Lango believes Musk’s banking move could be one of the biggest wealth-creation — and wealth-destruction — events of the decade. 

According to Lango, certain stocks tied to Musk’s new banking partners could return hundreds, even thousands of percent in the coming weeks and months. 

Meanwhile, certain traditional banking stocks could get hit hard. 

Some banks, Lango warns, could even go under. 

Click here to see Lango’s list of winners and losers. 

What This Means For Your Money 

Even Americans who have no interest in switching banks should pay attention, Lango argues. 

When the world’s richest man decides to take on an entire industry, the consequences ripple far beyond the customers who switch over. 

“Whether you decide to bank with Elon or not,” one observer noted, “his new project will have consequences for your money.” 

Lango believes the window to position for this shift is narrow, and the bigger opportunity is not the free sign-up bonus, but the stocks set to profit from Musk’s expansion. 

See which stocks Lango believes will profit most from Elon’s move into banking here. 

About

With Luke Lango’s Innovation Investor, Luke Lango’s goal is to offer readers research on an elevated small-cap investing strategy that goes beyond anything that’s been done before on Wall Street. Luke was ranked America’s #1 stock picker in 2020 according to TipRanks and has 15 recommendations that have soared as high as 1,000% or more over his tenure.