While Tesla and SpaceX CEO Elon Musk has embraced Dogecoin (DOGE), his father is promoting a meme coin that will trade surnames whether his son likes it or not.
Errol Musk represents the Solan-founded MUSKIT, and aims to raise between $150 million and $200 million to support the non-profit think tank Mask Institute.
In an
#interview with Fortune magazine, Errol Musk, said that he is not bothered by critics who believe that
#meme coins will affect his son's fame. I'm the head of the family. In my family, it all started with me.
The market reacted to Errol Musk's participation. According to CoinGecko, MUSKIT rose 280% after his remarks, trading at
$BTC MUSK IT tokens were originally launched by a Middle Eastern
#cryptocurrency launched in December 2024 by a currency company, but recently went public after Errol and his business partner, technology consultant Nathan Brown, decided to back it.
Brown said that one of the conditions of participation in the project was that the project
Musk The financial structure of the project remains unclear, there is no roadmap or breakdown of the talconomy. The meme coin has had its ups and downs, but Errol Musk claims the token has a more important purpose. It's a fundraiser for the Musk Institute, which will be the foundation for innovative engineering projects like flying cars.
#Elon Musk has dedicated decades to perfecting rocket technology to turn humanity into a multi-planet species, but Errol
we need to go beyond rockets, he said in an interview with Fortune magazine.
The Musk It project is named after his last name, but Elon Musk had nothing to do with it. His biographer Walter Isaacson once described Errol Musk as a charismatic dreamer whose presence disturbed Eron. Their relationship deteriorated over the years when Errol Musk accused his father of being a horrible person and might commit
However, Errol Musk disputes this characterization, claiming that Eron recently inquired about Musk It after seeing media reports.
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