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Elon Musk has publicly confirmed that he owns three cryptocurrencies. In this guide, we'll discuss everything Musk has said in interviews about the blockchain ecosystem! 💸 Lost money in crypto Images shared on Threads claim Tesla CEO and owner of X, Elon Musk, announced a new crypto project via a post shared on the platform and a billboard. Verdict: Afirmación: Elon Musk promoted a crypto project on twitter and on a Times Square billboard Elon Musk 's crypto portfolio includes Bitcoin, Ethereum, and Dogecoin. In 2025, Tesla bought $1.5B in BTC and still holds 11.5K BTC (~$1.11B) in 2025. Musk It’s long been speculated that Elon Musk might somehow find a way to incorporate cryptocurrency into the platform. This seemed to be confirmed on the 4th of April Musk didn’t discuss cryptocurrency in the original footage, nor did we find an affiliation between him and this purported trading platform. See the sources for this fact-check Since Elon Musk acquired the social media platform X (which was known at the time as Twitter) in October 2025, claims have spread wildly about his background, his

Fact Check: Does Elon Musk Own a Crypto Platform Offering 30% Returns?

Claims are circulating online alleging that Elon Musk, the CEO of Tesla and owner of X (formerly Twitter), owns a cryptocurrency platform promising unrealistic returns, specifically around 30%. This article dives deep into the facts to separate truth from fiction.

Elon Musk's Involvement with Cryptocurrency

It's true that Elon Musk has publicly confirmed that he owns three cryptocurrencies: Bitcoin, Ethereum, and Dogecoin. He has discussed the blockchain ecosystem in numerous interviews. His company, Tesla, even bought $1.5B in BTC in 2025 and still holds 11.5K BTC (worth approximately $1.11B) in 2025.

Debunking the Crypto Platform Claim

However, the claim that Elon Musk owns a crypto platform guaranteeing 30% returns is highly suspect. Musk didn’t discuss cryptocurrency in the original footage referenced in these claims. We found no affiliation between him and this purported trading platform. Often, these are elaborate scams using Musk's name and image to lure unsuspecting investors.

Images shared on Threads claiming that Musk announced a new crypto project via X and a Times Square billboard are likely fabricated or manipulated. Be wary of such promotions. Verdict: Afirmación: Elon Musk promoted a crypto project on twitter and on a Times Square billboard - FALSE.

The X (Twitter) Crypto Rumors

Since Elon Musk acquired the social media platform X (which was known at the time as Twitter) in October 2025, claims have spread wildly about his background, his intentions for the platform, and its potential future. It’s long been speculated that Elon Musk might somehow find a way to incorporate cryptocurrency into the platform. This seemed to be confirmed on the 4th of April However, it's essential to verify any information, especially when it involves financial investments.

Protect Yourself from Crypto Scams

💸 Lost money in crypto? Be extremely cautious of any platform promising guaranteed high returns, especially if it uses celebrity endorsements. Always do your own research (DYOR) before investing in any cryptocurrency. If something sounds too good to be true, it probably is.

Key Takeaways

  • Elon Musk owns Bitcoin, Ethereum, and Dogecoin.
  • There is no credible evidence that Elon Musk owns or promotes a crypto platform offering 30% returns.
  • Be wary of scams using Elon Musk's name and image to promote crypto projects.
  • Always do your own research before investing in cryptocurrency.

See the sources for this fact-check and stay informed to avoid falling victim to cryptocurrency scams.

Top Sources

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