Assets, Ethereum

Does Elon Own Ethereum?

Elon Musk, the founder, CEO and CTO of SpaceX, co-founder of Tesla Motors, and chairman of SolarCity, is one of the most innovative and successful entrepreneurs of our time. He is also one of the richest men in the world, with a net worth of over $20 billion.

So it’s no surprise that people are wondering if he owns any Ethereum.

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a blockchain, a shared global infrastructure that can move value around and represent ownership.

Ethereum is the second largest cryptocurrency by market capitalization, after Bitcoin.

So does Elon Musk own any Ethereum? There is no direct evidence that he does, but there are some indirect clues that he might. For one thing, he has been very positive about Ethereum in the past.

In a tweet from March 2017, he called it “the real innovation” in cryptocurrency. And in April 2018, he said that Ethereum was “Promising”, although he also cautioned that it was “Highly centralized”.

Another clue comes from Musk’s close relationship with Vitalik Buterin, the founder of Ethereum. They have met several times and Buterin has even been interviewed on Musk’s podcast.

It seems likely that if Musk was interested in investing in cryptocurrency, he would have talked to Buterin about it.

Of course, none of this is conclusive evidence that Elon Musk owns any Ethereum. It’s possible that he has changed his mind about the currency since 2017 or 2018.

Or maybe he just hasn’t invested yet because he thinks the market is too risky. But it does seem like a possibility worth investigating further!.

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