A recording allegedly of Elon Musk, the richest man in the world, has surfaced. Here are the details.
A recent recording has revealed the cryptocurrencies that tech billionaire Elon Musk and his companies own, shedding light on his role in the global cryptocurrency market.
Elon Musk Owns Dogecoin, SpaceX Holds Bitcoin
In the recording, Musk admitted he owns "a little Dogecoin," the famous cryptocurrency he frequently mentions on social media.
At the same time, Musk's aerospace company SpaceX also holds "a significant amount of Bitcoin."
However, since SpaceX is a private company, the specific amount of Bitcoin is not publicly disclosed. This is different from Tesla, Musk's public company, which gained attention when it purchased a large amount of Bitcoin in 2021, but later sold most of it due to environmental concerns.
Musk's statements have sparked speculation that Tesla may change its stance and return to the cryptocurrency market in the future.
DOGE: Political Initiative Linked to Dogecoin
Former President Donald Trump has also announced a new initiative called "Department of Government Efficiency" (DOGE), referring to Dogecoin.
Trump stated that this project aims to "reduce regulations, cut wasteful spending, and reform federal agencies."
Notably, Elon Musk and entrepreneur Vivek Ramaswamy will participate in the initiative, expected to be completed by July 4, 2026, coinciding with the 250th anniversary of the United States Independence Day.
Call to Revolutionary Participants
A social media account linked to DOGE has posted a call for candidates with breakthrough thinking, willing to work over 80 hours a week to optimize government costs. Musk later confirmed that participation in this initiative is completely free.
"There are no fees at all," Musk emphasized.
Conclusion
With Musk and Trump’s involvement, along with disclosures about their links to Bitcoin and Dogecoin, these moves carry not only financial significance but also potential impacts on global politics and economics.