Elon Musk describes how to solve the money problem; Is it crypto?

Elon Musk was a guest in Cathie Wood’s X Spaces on December 21 to “discuss the future.” Musk owns X (formerly Twitter), while Wood is the CEO and CIO of Ark Invest, an investment management firm interested in crypto.

Notably, the well-known multi-billionaire and CEO of Tesla Inc (NASDAQ: TSLA) showed a lack of interest in crypto when asked about Bitcoin (BTC), its potential impacts on the financial and monetary system, and Tesla’s holdings.

“Honestly, I have to say I don’t spend a lot of time thinking about cryptocurrencies. Hardly any at all.”

— Elon Musk (01:15:32)

However, Musk avoided discussing cryptocurrencies in the show and has not recommended any specific project. It is well-known that the multi-billionaire is a Dogecoin (DOGE) fan, whose support could have triggered past Dogecoin’s pumps.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.