Elon Musk’s Dad Launches His Own Crypto—And It’s Already Exploding!

His father just went all in on his own meme coin—and it’s skyrocketing!

Errol Musk has backed Musk It (MUSKIT), a $SOL meme coin that just shot up 280%, now trading at $0.04, according to CoinGecko. His goal? Raising a staggering $200 million to fund the Musk Institute, a think tank for futuristic engineering—because, apparently, rockets just aren’t enough anymore.

Errol doesn’t care if people think he’s riding Elon’s coattails. “I’m the head of the family,” he told Fortune. “I’ve been ‘Musking It’ for years.”

Musk It originally launched in December 2024 but only gained traction after Errol and his business partner, tech consultant Nathan Browne, publicly endorsed it. Browne claims it “cannot be a pump and dump,” but with zero roadmap or tokenomics, crypto skeptics aren’t convinced.

Despite its name, Elon Musk has ZERO involvement in Musk It. Errol insists Elon recently reached out to ask about the token—but there’s no confirmation from the Tesla CEO himself.

Errol’s crypto move comes as meme coins are booming. Some traders have turned token creation into a full-time hustle, launching thousands of coins in months. But the wild west of crypto has consequences—Solana’s Pump.fun platform is now facing a class-action lawsuit, accused of running an illegal securities exchange.

So, is Musk It the next $DOGE —or just another flash-in-the-pan crypto cash grab? With Elon staying silent, this one could go either way. 🚀🔥

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