Elon Musk

Elon Musk has emerged as one of the most influential figures in cryptocurrency, with his social media posts and business decisions regularly moving markets and shaping public perception of digital assets. The Tesla and SpaceX CEO has revealed he personally owns only Bitcoin, Ethereum, and Dogecoin, while his companies have integrated cryptocurrency payments and even funded space missions with digital assets. Musk's public backing of Dogecoin has long been a major driver of its price, making the meme coin particularly sensitive to his public statements and endorsements.

Through his various companies, Musk has pioneered corporate cryptocurrency adoption beyond traditional treasury strategies. Tesla accepts DOGE as payment for merchandise, The Boring Company accepts DOGE for rides, and SpaceX announced DOGE-1 — a satellite mission 100% paid for in DOGE. His influence extends from calling Dogecoin "the people's crypto" to briefly adding Bitcoin to Tesla's balance sheet, demonstrating how individual endorsements can drive mainstream cryptocurrency adoption.

At CoinDesk, we track Elon Musk news covering his cryptocurrency investments, social media market impact, and his companies' blockchain innovations. Our reporting examines how Musk's tweets influence crypto markets, his role in popularizing meme coins, Tesla's evolving crypto payment strategies, and the broader implications of celebrity cryptocurrency endorsements on market dynamics and regulatory discussions.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person.

Markets

SpaceX-Tesla merger talks puts nearly 20,000 bitcoin in focus

Any deal involving SpaceX and Tesla would quietly consolidate one of the world’s largest corporate bitcoin holdings under a single roof.

By Shaurya Malwa22 hours ago

Elon Musk (jurvetson /CC BY 2.0./Modified by CoinDesk)

Markets

Tesla made no changes to bitcoin holdings in Q4 as it booked $239 million digital asset loss

The company's bitcoin stack remained at 11,509 coins, worth about $1 billion at BTC's current price near $89,000.

By James Van StratenJan 28, 2026

Markets

DOGE Beats the Blue Chips as D.O.G.E Calls It Quits

DOGE – the memecoin – edged past the CoinDesk 20 and the CoinDesk memecoin index as the White House announced Elon Musk's government efficiency initiative is to shutter.

By Sam ReynoldsNov 24, 2025

Videos

Mike Novogratz on BTC, Immigration, and the Ayahuasca Trip That Inspired Billions | Spotlight

Galaxy Digital founder and CEO Mike Novogratz joins "CoinDesk Spotlight" to discuss why the $38 trillion national debt has created a "golden era" for crypto. Novogratz breaks down the power of the XRP Army, his timeline for a $1 million bitcoin, and Galaxy's IPO journey. Plus, he shares his concerns about a "bull market in populism" and the story of how his ayahuasca trip inspired a scene in the show Billions.

Nov 18, 2025

Markets

Elon Musk’s $1 Trillion Pay Vote Sparks ‘TRILLIONS’ Token Frenzy

Tesla’s shareholder approval — with over 75% support — follows months of debate over Musk’s expanding influence across Tesla, xAI, SpaceX, and X (formerly Twitter).

By Shaurya MalwaNov 7, 2025

Tesla Motors Inc. Co-founder And Chief Executive Officer Elon Musk Interview

Tech

Tesla CEO Elon Musk Says X Chat's New P2P Encryption System Is Similar to Bitcoin's

The in-app Chat is in beta for Premium users with file sharing and media support, while a standalone X Chat app is slated to follow in the coming months.

By Siamak Masnavi, AI BoostNov 1, 2025