Elon Musk Meeting Propels Shares of Hungarian Telecom Firm 4iG

  • 4iG Chairman Jaszai, Premier Orban met with Musk at Mar-a-Lago
  • Hungarian government has groomed 4iG as telecoms champion

The 4iG headquarters in Budapest.

Photographer: Akos Stiller/Bloomberg
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Shares of 4iG Nyrt., a Hungarian telecommunications company, surged to the highest in more than two years after its chairman got to present the company’s plans to billionaire Elon Musk.

4iG Chairman Gellert Jaszai met with Musk along with Hungarian Foreign Minister Peter Szijjarto and Prime Minister Viktor Orban, who visited Mar-a-Lago for a sit-down with President-Elect Donald Trump.