Elon Musk – CEO of Tesla and SpaceX – has long been a highly influential figure in the cryptocurrency market. His statements have previously caused significant price fluctuations. Below are the cryptocurrencies that Musk has confirmed or is rumored to hold:
1. Bitcoin (BTC)
In 2021, Tesla invested $1.5 billion in Bitcoin. Although the company later sold most of it, Musk stated that he still holds BTC as a store of value – the "digital gold" of the new era.
2. Ethereum (ETH)
Musk revealed that he owns ETH at the “The ₿ Word” conference. He values Ethereum's potential in DeFi, NFTs, and smart contracts.
3. Dogecoin (DOGE)
DOGE is Musk's "favorite" cryptocurrency. He calls it the "people's crypto" and has allowed the use of DOGE for payments for Tesla and SpaceX products.
4. Possible related assets
Shiba Inu (SHIB): Musk denied holding SHIB, but tweets about “Floki” still caused significant price fluctuations for SHIB.
Floki Inu (FLOKI): Named after Musk's dog, FLOKI saw a significant rise due to media attention – although there is no evidence that he actually owns it.