Elon Musk

Elon Musk is a prominent figure in the world of cryptocurrencies, known for his involvement and influence within the industry. As the CEO of Tesla and SpaceX, Musk has garnered significant attention for his interest and support of digital currencies like Bitcoin and Dogecoin. While his statements and actions have had a notable impact on the market, it is important to approach his involvement with a critical lens, considering the volatile nature of cryptocurrencies. Musk's tweets and public endorsements have often led to significant price fluctuations, causing both excitement and concern among investors.


Policy

Bitcoin and Crypto Go Unmentioned During Trump-Musk X Space

Bettors at one point gave an over 60 percent chance of Trump mentioning digital assets during the interview

Donald J. Trump at a rally (Gerd Altmann, modified by CoinDesk)

Markets

Elon Musk’s X Quietly Removes Bitcoin, MAGA Emojis From Hashtags

Logos for several tokens started to first appear on X, previously Twitter, in 2020, as a step to improve brand adoption and recall on the internet.

Bitcoin sculpture made from scrap metal outside the BitCluster mining farm in Norilsk, Russia. (BitCluster)

Markets

DOGE, SHIB Spike After Elon Musk Tweet About Mascot Dog's Passing

The price action underscores Musk's market-moving sway on the canine-themed meme coins.

A physical representation of doge and shiba inu token. (Kevin_Y/Pixabay)

Markets

Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets

Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.

Tesla CEO Elon Musk speaks during an event to launch the new Tesla Model X Crossover SUV on September 29, 2015 in Fremont, California. After several production delays, Elon Mush officially launched the much anticipated Tesla Model X Crossover SUV. The

Videos

Worldcoin’s WLD Drops as Elon Musk Sues OpenAI; Robinhood Teams Up With Arbitrum

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a Reuters report on Elon Musk's lawsuit against OpenAI and CEO Sam Altman for breach of contract. Plus, a group of state attorneys general are arguing that the SEC exceeded its authority in suing the crypto exchange Kraken. And, the latest announcements coming out of ETHDenver on Robinhood's partnership with Arbitrum.

CoinDesk placeholder image

Markets

Worldcoin’s WLD Drops as Elon Musk Sues OpenAI

WLD is considered a proxy bet on OpenAI, the Sam Altman-owned artificial intelligence company.

(Steve Jurvetson/Wikimedia Commons)

Markets

Tesla’s Bitcoin Holdings Remain Unchanged in Q4

The Elon Musk-led company holds over $387 million worth of bitcoin.

Tesla Charging Station Electric Car  (Blomst/Pixabay)

Videos

Bitcoin Breaks Past $44K; Elon Musk Says His AI Startup Is 'Not Raising Money Right Now'

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including bitcoin's (BTC) latest price action after the largest cryptocurrency by market capitalization edged over $44,000. Elon Musk posted on X (formerly Twitter) that his artificial intelligence startup xAI was not "raising money". Plus, Blackrock and Bitwise both filed amended S1 forms with the Securities and Exchange Commission on Monday.

Recent Videos

Markets

Elon Musk Halts Dogecoin Surge by Saying His AI Business Is 'Not Raising Money'

DOGE surged Tuesday after an SEC filing showed xAI had already raised $134.7 million and might seek $1 billion.

Elon Musk (Daniel Oberhaus/Flickr)

Finance

This Bitcoin Rally Feels Different. FOMO and YOLO Seem to Be Back

BTC just touched $45,000 days after topping $40,000 for the first time since early last year – and crypto-skeptics are taking another look.

Is bitcoin going to the moon again? (NASA)