How to Invest in Project Omega

Tesla

Tesla, founded by Musk, is a logical candidate for people who'd like to invest in Project Omega. While the company generally gets kudos for dominating the electric vehicle market, an often-overlooked part of Tesla's business includes utility-scale storage options, such as the Tesla Megapack that's been adopted by utilities to ensure power flows smoothly through the electric grid. A rising tide generally lifts all boats, and if Musk is indeed part of a Project Omega rollout, other ventures of his are likely to benefit.

Nvidia

Nvidia (NASDAQ:NVDA) has almost single-handedly emerged as the winner of an AI revolution. It briefly became the largest company in the world by market capitalization on several occasions, the first of which was in June 2024. The company's graphic processing units are essential to virtually all AI applications since they can perform millions of operations at the same time, making them perfect for machine learning. Stocks that go up generally must go down, but Nvidia stock shows few, if any, signs of retreating soon.

Lido Staked Ether

Of all the crypto platforms that might benefit from a sudden boom in decentralized finance, Lido Staked Ether (CRYPTO:STETH) may be near the top of the list. With a market capitalization of more than $22 billion as of June 2025, the protocol has become one of the biggest DeFi platforms in the crypto world, allowing users to stake their tokens and earn passive income or use them as collateral for loans.

Here's how to invest in one of the three companies:

1. Open your brokerage app: Log in to your brokerage account where you handle your investments.

2. Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.

3. Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.

4. Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.

5. Submit your order: Confirm the details and submit your buy order.

6. Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.

Here are five ETFs that might benefit from Project Omega:

iShares Global Clean Energy ETF (NASDAQ:ICLN). It's been a rough few years for many renewable energy-focused funds. The ICLN fund had fallen almost 14% for the year by the first half of 2025, but it still held almost $1.3 billion in assets under management (AUM). Its modest yield of 1.84% may be partially offset by a reasonable expense ratio of 0.41%. First Solar (NASDAQ:FSLR), making up 7.1% of the fund, is its top holding. Other major holdings include Iberdrola SA (OTC:IBDSF) (OTC:IBDRY), which has 6.3% of assets, and Vestas Wind Systems (OTC:VWSY.F), accounting for 5.9% of assets.

First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:QCLN). Like many clean energy stocks in general and the iShares fund, the ETF has had a rocky year. The fund, which held $366.3 million in net assets, posted a 0.22% dividend yield on a 0.59% expense ratio. The First Trust ETF's top holdings included Rivian (NASDAQ:RIVN) at 9.9%, Tesla (8.3%), First Solar (8.2%), and ON Semiconductor (NASDAQ:ON) making up 7.2%.

Amplify Transformational Data Sharing ETF (NYSEMKT:BLOK). The fund focuses on companies that are directly or indirectly exposed to the cryptocurrency world. Over the past year, it's handily outperformed the S&P 500, racking up 35.4% in gains. The fund, which has $733.5 million in assets and an expense ratio of 0.73%, reports that its largest holdings include Robinhood (NASDAQ:HOOD) at 4.8%; MicroStrategy (NASDAQ:STRF), making up 4.7% of assets; and Metaplanet (OTC:MTPL.F) at 4%.

The Global X Robotics and Artificial Intelligence ETF (NASDAQ:BOTZ) is a behemoth in AI and robotics ETFs, with $2.4 billion in assets. It has a 0.68% expense ratio and no real dividend yield reported. Over the past year, the fund has logged a 7.13% loss. Its top holding is Keyence (OTC:KYCCF), which makes up 9.1% of its assets. The Japan-based manufacturer is followed by Nvidia at 9%, Intuitive Surgical (NASDAQ:ISRG) at 8.4%, and ABB Ltd. (OTC:ABBN.Y), accounting for 8.3% of holdings.

The Destiny Tech100 (NYSE:DXYZ) is one of a few funds that let their investors put money into companies that typically only get monetary love from private equity and venture capital firms. The closed-end fund, which was only listed on the New York Stock Exchange (NYSE) in January 2024, has almost two dozen holdings, including off-the-exchange investments in SpaceX (52.4% of its portfolio), Revolut (9.4%), and OpenAI (4.4%). It's posted a whopping 158.3% return over the past year, even with a stiff 2.5% management fee.

Before rushing in with your money, however, you should keep several things in mind: First, the ETF is a closed-end fund, which means it limits the amount of shares that it sells. Second, several of its holdings, such as Instacart (NASDAQ:CART), which accounts for 2.6% of assets, had relatively recent IPOs with shares that have bounced around in value since the initial excitement. Finally, the net asset value of the fund's holdings was $51.7 million at the end of the first quarter of 2025, but its market cap was about $387.3 million. Do the math, and you'll see that the value of the portfolio would need to increase by a factor of 7.5 before investors who bought into the fund right away will see a profit.

Still, if your risk tolerance is reasonably high and you see the ETF as an opportunity for portfolio diversification, the Destiny Tech100 fund may be an interesting (if somewhat risky) holding.

Related investing topics

Want to know how to invest in Project Omega? Take a number and join the rest of us who are wondering about the rumored project that may (or may not) involve supercharged artificial intelligence, breakthrough renewable energy technologies, a major reshaping of the cryptocurrency world, and Elon Musk. Read on to find out what we know about Project Omega.

Bottom line on Project Omega

A fusion of artificial intelligence and renewable energy created by one of the top entrepreneurs of the 21st century or a plan to reimagine the world of decentralized finance has the potential to send investors into a frenzy. With few exceptions, Musk has an unrivaled track record when it comes to developing businesses on the cutting edge of technology. Even so, two caveats bear repeating: We don't know if any of this is real, and if something sounds too good to be true, it usually is too good to be true.