• Latest
  • Trending
Elon Musk Plans To Become The World’s First Dogecoin Trillionaire

Elon Musk Plans To Become The World’s First Dogecoin Trillionaire

October 23, 2021
Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps

Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps

February 2, 2023
Decentralized domain services reflect on industry progress

Decentralized domain services reflect on industry progress

February 2, 2023
Fed Meeting Today: What Does it Signal for Cryptocurrency? | by Augustus | The Capital | Feb, 2023

Fed Meeting Today: What Does it Signal for Cryptocurrency? | by Augustus | The Capital | Feb, 2023

February 2, 2023
Warren Buffett’s Right-Hand Man Calls for Banning Bitcoin

Warren Buffett’s Right-Hand Man Calls for Banning Bitcoin

February 2, 2023
Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022

Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022

February 2, 2023
RBX Platform, the Next Generation Blockchain

RBX Platform, the Next Generation Blockchain

February 2, 2023
72% of institutional traders are crypto-skeptical this year: JPMorgan

72% of institutional traders are crypto-skeptical this year: JPMorgan

February 1, 2023
BNB Chain releases whitepaper for new Web3 blockchain

BNB Chain releases whitepaper for new Web3 blockchain

February 1, 2023
Chainlink (LINK) Keeping Eye on NFTs, Check Out Reason

Chainlink (LINK) Keeping Eye on NFTs, Check Out Reason

February 1, 2023
  • Privacy Policy
Thursday, February 2, 2023
Mount Rushmore Crypto
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction
No Result
View All Result
Mount Rushmore Crypto
No Result
View All Result
Home Crypto

Elon Musk Plans To Become The World’s First Dogecoin Trillionaire

J_News by J_News
October 23, 2021
in Crypto, Top News
0
Elon Musk Plans To Become The World’s First Dogecoin Trillionaire
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter


Tesla CEO Elon Musk says that he will become the world’s first Dogecoin trillionaire.
According to a recent prediction by a Morgan Stanley analyst, the SpaceX founder is on his way to becoming the world’s first trillionaire with his relentless amassing of wealth.

A Twitter account called UberFacts tweeted this prediction. Amusingly, the Tesla CEO replied to the tweet, stating that he would be a Dogecoin trillionaire. With that reply, he sent the Dogecoin price soaring again.

Related Reading | Elon Musk’s “Baby Doge” Tweet Spikes The Dogecoin Price

As of today, Musk is already the wealthiest man in the world, ahead of Amazon founder Jeff Bezos, who is in second place. According to the Bloomberg Billionaires Index, he has an estimated net worth of $252 billion. The Bloomberg Billionaires Index is a daily ranking of the world’s richest people.

In July, the tech entrepreneur revealed that he owns Bitcoin, Dogecoin, and Ether.

Elon Musk and Dogecoin

Musk’s net worth has skyrocketed because of Tesla, whose stock price has kept increasing over the months. On Friday, the company’s shares rose to a new high above $900/share. With his current net worth, he is worth more than the entire Gross Domestic Product (GDP) of New Zealand.

On Friday, Twitter account @UberFacts reported the prediction from Morgan Stanley.

Elon Musk is predicted to become the world’s first trillionaire, thanks to SpaceX

— UberFacts (@UberFacts) October 22, 2021

Elon then replied directly to the tweet agreeing that he would be a trillionaire, but in Dogecoin.

*In Dogecoin

— Elon Musk (@elonmusk) October 22, 2021

In typical fashion, Musk’s mention of Dogecoin in the tweet resulted in the coin’s price rallying by almost 6% in just an hour. At the time of writing, Dogecoin is trading at $0.247.

Related articles

Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps

Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps

February 2, 2023
Decentralized domain services reflect on industry progress

Decentralized domain services reflect on industry progress

February 2, 2023
Musk's tweet pushes Doge to $0.247 | Source: DOGEUSD on TradingView.com

In July, Musk revealed that he owns Bitcoin, Ethereum, and Dogecoin. However, he has always posted memes about Dogecoin in particular and is constantly weighing in on the meme coin.

In May, the SpaceX founder announced that in 2022, SpaceX will launch a moon mission funded by Dogecoin. He said this is the first time that cryptocurrency will be used in space, and that it will also be the first meme used in space.

SpaceX launching satellite Doge-1 to the moon next year

– Mission paid for in Doge
– 1st crypto in space
– 1st meme in space

To the mooooonnn!!https://t.co/xXfjGZVeUW

— Elon Musk (@elonmusk) May 9, 2021

SpaceX Founder’s Net Worth Prediction

According to the Guardian, analysts at investment bank Morgan Stanley have predicted that Elon Musk will become the first trillionaire in the world.

Forbes says that the tech entrepreneur is working to revolutionize transportation both on Earth, through electric car maker Tesla, and in space, via rocket producer SpaceX.

A Morgan Stanley analyst says that he could make much more money from his space exploration business SpaceX than he has made from Tesla.

Related Reading | Elon Musk Brushes Off SNL Fail, Plans To Literally Send Dogecoin To The Moon

The analyst Adam Jonas said that SpaceX was “challenging any preconceived notion of what was possible and the timeframe possible, in terms of rockets, launch vehicles and supporting infrastructure”.

He added: “More than one client has told us if Elon Musk were to become the first trillionaire … it won’t be because of Tesla. Others have said SpaceX may eventually be the most highly valued company in the world – in any industry.”

Related Reading | SpaceX Has Bitcoin On Its Balance Sheet, Elon Musk

Jonas estimates that the privately-held SpaceX, valued at $100bn this month, could be worth $200bn and even more. It is presently the world’s second-biggest privately held company, after the internet firm ByteDance. The SpaceX founder owns roughly 48% of the company.

It remains to be seen if these predictions about the Tesla CEO will come to pass.

Featured image by The World Financial Review, Chart From TradingView.com





Source link

ShareTweetShareShare
Previous Post

A tale of the SEC’s crusade against synthetics

Next Post

AMEX CEO Says Crypto Is Unlikely a Threat to Traditional Credit Cards

Related Posts

Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps

Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps

by J_News
February 2, 2023
0

Seattle, Washington, 1st February, 2023, Chainwire Peer today announced the hiring of a specialist team of engineers from Zenly to...

Decentralized domain services reflect on industry progress

Decentralized domain services reflect on industry progress

by J_News
February 2, 2023
0

The rise of Web3 functionality has been a boon for decentralized domain name services over the past two years, with...

Fed Meeting Today: What Does it Signal for Cryptocurrency? | by Augustus | The Capital | Feb, 2023

Fed Meeting Today: What Does it Signal for Cryptocurrency? | by Augustus | The Capital | Feb, 2023

by J_News
February 2, 2023
0

The Federal Reserve (Fed) is expected to increase interest rates by a quarter point (25 bps) today while indicating its...

Warren Buffett’s Right-Hand Man Calls for Banning Bitcoin

Warren Buffett’s Right-Hand Man Calls for Banning Bitcoin

by J_News
February 2, 2023
0

Alex Dovbnya Munger is advocating for a ban on Bitcoin and other cryptocurrencies, arguing that the recent proliferation of privately...

Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022

Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022

by J_News
February 2, 2023
0

For the company as a whole, Meta reported adjusted quarterly earnings per share for the fourth quarter of $1.76, missing...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • Crypto Vouchers
  • About Us
  • What Cryptocurrency Is and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

Top News

Web3 vs Web2 – What Are Some Of The Core Differences?

Shiba Inu Burn Rate Surges Over 1,300% In 24 Hours

NFT Art marketplace development- Carving the boutique of NFT Arts | by Linda John | The Capital | Dec, 2021

© 2021 mtrushmorecrypto - Crypto Related News Blog

No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
  • Crypto Vouchers
  • Cryptocurrency and ANKR Price Prediction
  • Cosmos cryptocurrency price prediction

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT