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I just stumbled upon an interesting question: What cryptocurrencies does Elon Musk actually own? The tech billionaire and CEO of Tesla and SpaceX has been meddling in the crypto world for a long time. His tweets move markets, so it’s worth taking a look at his portfolio.
Let’s start with the obvious. Bitcoin is, of course, included. In 2021, Tesla announced a massive investment of $1.5 billion in BTC. Musk keeps his cards close to his chest, but confirms that he personally still owns Bitcoin. Currently, BTC is trading at around $67.33K. For Musk, Bitcoin is digital gold—a real store of value. That makes sense—Bitcoin is and remains the number one cryptocurrency.
Then there’s Ethereum. The second big thing in the crypto space also belongs to Musk’s holdings. This became known in 2021 at the Word Bitcoin Konferenz. ETH is currently at about $2.06K. Why Ethereum? The smart-contract functionality is the backbone of DeFi and NFTs. Musk acknowledges that Ethereum plays a key role in blockchain innovation.
But honestly: the most interesting one is Dogecoin. That’s Musk’s Lieblingskryptowährung, and he isn’t exactly keeping it a secret. He calls it the “people’s cryptocurrency,” and he has even hinted at accepting it for payments at Tesla and SpaceX. DOGE is currently trading at $0.09. What fascinates Musk about it? The meme culture behind it, but also its practical potential—low fees, fast transactions, and an active community. For him, it’s not just a joke, but a real means of payment.
Then there are the speculations. Shiba Inu, Floki Inu—Musk denies holding SHIB, but his tweets about dog coins still cause massive market moves. This shows just how big his influence is in the crypto scene.
Anyone following Elon Musk and his crypto activities should keep an eye on these three coins. They’re not in his portfolio by chance—there’s a system behind it. If you’re interested in these assets yourself, you can analyze them in detail on Gate.io.