No, Musk Still Isn’t Going All In To Cryptocurrency

elon musk

Tesla and SpaceX CEO Elon Musk has been at the core of cryptocurrency rumours yet again, despite making no active moves towards the industry.

Musk’s most recent confirmation that he is not investing in or developing on any cryptocurrency platform can in response to a tweet by actor William Shatner, which read:

“My friends Vitalik Buterin and Elon Musk were trying to decide what to build on Ethereum. I’ve been waiting and waiting. I finally decided to do something myself.”

To this, Musk replied that he is not averse to the Ethereum platform, but he is not looking to build anything on it, saying:

Musk has been vocal about his Bitcoin investments on Twitter, revealing and then reconfirming that he only owns 0.25 Bitcoin in his cryptocurrency portfolio, an amount which he says was given to him. His latest tweet now confirms that the technology guru is not investing in the leading altcoin either. Whether or not he owns other cryptocurrency remains to be confirmed, although it’s safe to assume that it is unlikely.

William Shatner’s New Cryptocurrency Project

The movie star’s tweet reveals a new project in partnership with Mattereum which offers a tokenised approach to collectable chips, tokens, and signed merchandise. A video in the tweet explains:

Related Articles

How is Bitcoin regulated in the United States?

Bitcoin regulation is an ever-evolving topic, especially in the United States where national legislation is impacted by individual states.

BlockFi financial leaks shows $1.2 billion FTX links

Financial information accidentally leaked in a presentation shows that BlockFi's financial ties to FTX were much higher than previously...

Genesis slapped with lawsuits amidst bankruptcy proceedings

Class action lawsuits have been filed against crypto lending platform Genesis as the firm deals with bankruptcy filings.

New crypto regulation in Japan will allow stablecoins

Amendments to the Payments Service Act of 2022 will lift the ban on foreign stablecoins in Japan from no later than June 2023.

See All