Elon Musk, CEO of Tesla and SpaceX, directly mentioned XRP for the first time during a Town Hall meeting in Pittsburgh, Pennsylvania. The dialogue unfolded when an attendee, seemingly a supporter, asked Musk: “Do you envision the XRP Ledger being incorporated into financial institutions in the future?”
He responded thoughtfully: “I do think that cryptocurrency is an interesting and probably valuable bulwark against centralized control.” Musk, who has to be careful what he says in public due to his reach and popularity, apparently tried to avoid any misunderstandings and interpretations, which is why he clarified further, “this is definitely not an endorsement or lack of endorsement for XRP.”