Here’s what Elon Musk said about Pepe and what he did recently:
1/ He posted a selfie and a share about “Kekius Ma”
• On December 31, 2024, Musk changed his name on platform X (formerly Twitter) to “Kekius Maximus” and attached a picture of himself with Pepe the Frog in a Roman geometric suit, with a sarcastic comment:
“Kekius Maximus will soon reach level 80 in hardcore PoE,” referring to the game Path of Exile 2  .
• This move affected the community, as the price of the memecoin named “Kekius Maximus” rose by about 500–900% .
2. Meme share from Pepe to explain the constitutional amendments
• On March 13, 2024, Musk shared a meme of Pepe the Frog explaining the first and second amendments of the U.S. Constitution, and it was considered an indirect hint about the Pepe meme coin .
After that, the PEPE coin jumped by about 119% over 9 months, turning a $1,000 investment into more than $2,190 .
3/ Market reaction and responses
Musk’s previous posts often had a quick impact on the prices of meme coins like DOGE and PEPE, but the smoking Pepe picture he posted in June 2025 did not lead to an immediate price explosion, rather it was a conservative rise of about 3% over 24 hours.
In summary:
Musk has not made a direct statement in words about his work on “Pepe,” but his actions on X (changing his name, posting a meme, using the character Pepe) serve as hints that supported the coin and contributed to its significant rise.
His influence comes through the symbolism and the vibe he conveys to “meme coin” communities, more than being an official statement.
1/ He posted a selfie and a share about “Kekius Ma”
• On December 31, 2024, Musk changed his name on platform X (formerly Twitter) to “Kekius Maximus” and attached a picture of himself with Pepe the Frog in a Roman geometric suit, with a sarcastic comment:
“Kekius Maximus will soon reach level 80 in hardcore PoE,” referring to the game Path of Exile 2  .
• This move affected the community, as the price of the memecoin named “Kekius Maximus” rose by about 500–900% .
2. Meme share from Pepe to explain the constitutional amendments
• On March 13, 2024, Musk shared a meme of Pepe the Frog explaining the first and second amendments of the U.S. Constitution, and it was considered an indirect hint about the Pepe meme coin .
After that, the PEPE coin jumped by about 119% over 9 months, turning a $1,000 investment into more than $2,190 .
3/ Market reaction and responses
Musk’s previous posts often had a quick impact on the prices of meme coins like DOGE and PEPE, but the smoking Pepe picture he posted in June 2025 did not lead to an immediate price explosion, rather it was a conservative rise of about 3% over 24 hours.
In summary:
Musk has not made a direct statement in words about his work on “Pepe,” but his actions on X (changing his name, posting a meme, using the character Pepe) serve as hints that supported the coin and contributed to its significant rise.
His influence comes through the symbolism and the vibe he conveys to “meme coin” communities, more than being an official statement.
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