How Much DOGE Does Elon Musk Hold?

Information about the amount of Dogecoin (DOGE) that Elon Musk owns has not been officially released. However, in January 2024, Elon Musk confirmed during a talk at X Space (formerly Twitter) that he still holds a lot of Dogecoin, since he began publicly supporting the currency in 2021.

The possibility that Elon Musk owns a large amount of Dogecoin is also reinforced by his statements and special relationship with the currency, as he once called himself the “Dogefather” and integrated Dogecoin as a payment method for some Tesla products.

While there are no specific numbers, Elon Musk's influence in boosting the value of Dogecoin is huge, making it one of the most prominent meme coins in the cryptocurrency market, with a current market capitalization of around $52 billion and a recent surge in value.