What Crypto Does Elon Musk Own in 2026?
We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Elon Musk is a huge crypto proponent, with core holdings including Bitcoin, Ethereum, and Dogecoin. Multiple coins have been created to honor Musk, hoping to receive recognition from the world’s richest person.
This guide explores which Elon Musk crypto coins are worth buying in 2026. Read on to discover undervalued crypto projects based on the Musk narrative.
- In This Article
- In This Article
- Show Full Guide
Key Takeaways
- Musk confirms the use of Bitcoin, Dogecoin, and Ethereum in public posts and discussions.
- One piece of evidence is that Tesla and SpaceX disclose large Bitcoin reserves; Tesla also accepts Dogecoin for specific merchandise.
- No other coins are confirmed; Musk distances himself from “Elon” meme tokens and similar rumours.
Summary: What Are Elon Musk’s Crypto Holdings?
Elon Musk has publicly confirmed that he owns Bitcoin, Ethereum, and Dogecoin. On the corporate side, Tesla holds about 11,509 BTC, and SpaceX holds over 8,285 BTC as of early 2026. He has backed Dogecoin since 2019, and Tesla accepts DOGE for some merchandise. The holdings highlight both personal interest and corporate exposure.
We know this from his posts and interviews, SEC filings on Tesla’s Bitcoin purchases, and blockchain analysis of wallets linked to his companies. Rumours about other coins remain unconfirmed. He has warned against tokens using his name. Beyond BTC, ETH, and DOGE, nothing else is verified.
How Well Do Elon Musk Crypto Coins Perform?
Dogecoin stayed most linked to Musk in 2025. Its moves often followed his posts, product mentions, and payment tests on X. Sentiment flipped fast around announcements and memes. It behaves like a speculative trade, with quick bursts of momentum and equally quick fades when attention shifts.
Bitcoin is Musk’s largest exposure, personally and through his companies. It was steadier than most altcoins after the halving, supported by deep liquidity and growing institutional use. Volatility remained, but drops were usually smaller and rebounds firmer, helped by a clear store-of-value story and long-term demand.
Ethereum is a smaller personal holding for Musk. It struggled earlier in the year, then settled as upgrades eased costs and improved throughput. Developers kept shipping apps, keeping the ecosystem active. The outlook rests on scaling adoption, user growth, and pressure from faster chains, with sentiment still news-driven.
Does Elon Musk Own Dogecoin?
Elon Musk has confirmed that he owns Dogecoin and has not sold it. Musk has repeatedly endorsed DOGE on X and in traditional media, and it has received the most attention.
Out of curiosity, I acquired some ascii hash strings called “Bitcoin, Ethereum & Doge”. That’s it.
As I’ve said before, don’t bet the farm on crypto! True value is building products & providing services to your fellow human beings, not money in any form.
— Elon Musk (@elonmusk) October 24, 2021
However, it remains a mystery as to how much Dogecoin Elon Musk personally owns; while it’s possible he could have one of the largest wallets, it is more likely that he would have split his holdings across several to avoid on-chain attention if he holds a big position.
Moreover, he has to be cautious with the timing of his cryptocurrency purchases to avoid allegations of manipulating markets for his own benefit.
Nevertheless, Elon remains an ardent supporter of Dogecoin, refuting one of its most commonly issued criticisms regarding its high level of inflation.
I think the flat inflation of Dogecoin, which means decreasing percentage inflation, is a feature, not a bug
— Elon Musk (@elonmusk) November 13, 2024
👉 Check our Dogecoin 2026-2030 price prediction
Does Elon Musk Own Bitcoin?
In February 2018, Elon Musk publicly tweeted that he owned only 0.25 BTC, which had been sent to him by a friend. But we know a lot has changed since then.
Not sure. I let @jack know, but it’s still going. I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago.
— Elon Musk (@elonmusk) February 22, 2018
A Brief Timeline of Musk’s Views on Bitcoin:
- January 2021: Musk changed his X profile picture to Bitcoin and tweeted, “In retrospect, it was inevitable”, causing Bitcoin’s price to surge.
- February 2021: Tesla, owned by Musk, announced a $1.5 billion investment in Bitcoin and had plans to accept it as a payment method.
- May 2021: He announced that Tesla would suspend Bitcoin payments due to environmental concerns.
- March 2022: Musk highlighted that he still wouldn’t sell his Bitcoin.
We would estimate that Elon Musk holds more Bitcoin than any other cryptocurrency. This is because he described it as a “long-term” hold, indicating that he has not sold any and is likely to have continued acquiring more. While the specific amount is not public knowledge, we would guess he holds $50M+ worth of Bitcoin.
As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.
I still own & won’t sell my Bitcoin, Ethereum or Doge fwiw.
— Elon Musk (@elonmusk) March 14, 2022
👉 Check our Bitcoin 2026-2030 price prediction
Does Elon Musk Own XRP?
There has been a lot of speculation that Musk owns XRP, but this has not been confirmed.
In November 2024, as part of one of Elon Musk’s town hall events, while he was campaigning for Donald Trump, he was explicitly asked about XRP:
“Do you envision the XRP Ledger being incorporated into financial institutions in the future?
When answering the question, Musk remained neutral by distancing himself from endorsing any specific token. Yet, he said that he found crypto interesting and probably valuable against centralized control as it gives the holders more freedom.
Elon Musk Talks About XRP.pic.twitter.com/FFhvsF6PP7
— TheCryptoBasic (@thecryptobasic) October 21, 2024
Furthermore, there have been rumours recently circulating on X that Elon Musk could be considering a $104 billion investment in XRP, which has created a lot of hype about a potential partnership between Musk and Ripple. However, we cannot confirm any validity behind this speculation, as Musk has not publicly commented on it himself.
Does Elon Musk Own Ethereum?
Yes, Elon Musk owns Ethereum. He confirmed it himself back in July 2021 during “The ₿ Word” event. He also confirmed that he owns BTC and DOGE, with his largest allocation being BTC, while keeping details private.
Musk’s comments about Ethereum often move the price in the short term. He’s praised ETH for enabling smart contracts and decentralised apps, while also criticising its scalability and slower speeds compared with some newer chains.
BTC & ETH are pursuing a multilayer transaction system, but base layer transaction rate is slow & transaction cost is high.
There is merit imo to Doge maximizing base layer transaction rate & minimizing transaction cost with exchanges acting as the de facto secondary layer.
— Elon Musk (@elonmusk) July 9, 2021
His stance is clear: Ethereum is important, but it needs technical improvements. Beyond BTC, ETH, and DOGE, he hasn’t confirmed other coins and regularly warns people away from speculative tokens trading in his name. In short, ETH is a meaningful, though secondary, part of his publicly described crypto mix.
👉 Check our Ethereum 2026-2030 price prediction
Does Elon Musk Have His Own Meme Coins?
Elon Musk does not possess his own meme coin. He didn’t create Dogecoin, but has supported it since 2019 and frequently speaks about it, as the coin is most closely associated with him. Dogecoin can also be used in some Tesla merchandise. Such a connection leads to headlines and short-term price swings.
His image or jokes are used by other tokens, including Floki Inu, Vine Coin, or Kekius Maximus, but this is independent work operated by other teams. These are coins that trade on the connection with Musk, without being directly linked to him.
But, you have to be aware of tokens that trade on a celebrity association as they can drop as fast as they’ve risen once attention faces. Focus on vetted meme coins that carry less risks and come with clearer terms.
Are Elon Musk Crypto Coins a Good Investment?
Bitcoin is the steady, long-term anchor: broad institutional use, deep liquidity, and a network that holds up in rough markets. Ethereum offers more upside through smart contracts, DeFi, NFTs, and ongoing upgrades, but it swings harder and has real competition. Used together, BTC and ETH make solid core holdings.
Dogecoin is largely a hype game, fuelled by the popularity and frenzy of Musk and his community. It can jump on a post and sink just as fast. When investing, keep it small, keep your position in line with your nerves, and in line with the ups and downs. Musk’s interest isn’t a guarantee; check each coin’s purpose, liquidity, and near-term catalysts before you buy.
Elon Musk vs. Donald Trump Coins: Which Are Better?
Another popular crypto narrative is Donald Trump. Just like Musk-related projects, Trump coins have no intrinsic value, as they’re purely speculative.
Even so, some of the best Trump meme coins initially produced substantial returns after the election, but have since crashed. Therefore, if you’re wondering which narrative to back, it could be worth gaining exposure to both.
Just make sure the portfolio is well diversified and that you also consider niches with strong utility. For example, you might also add positions in RWA (real-world assets), DePIN (decentralized physical infrastructure network), and AI (artificial intelligence).
Is There an Elon Musk Crypto Giveaway?
Social media, particularly on X, is flooded with crypto scams. One of the latest trends is posts claiming that Musk is running a crypto giveaway, meaning free coins for those participating.
No such giveaway exists. The perpetrators will likely ask participants to reveal their wallet credentials or to part with money. Either way, be sure to report any posts you see to the respective social network.
Conclusion: What is the Best Elon Musk Coin to Buy?
The best way to mirror Elon Musk’s crypto stance is to focus on what he actually holds: Bitcoin, Ethereum, and Dogecoin. Bitcoin is his largest position and the most established, with deep liquidity and broad institutional use. Ethereum is a smaller, personal holding tied to the growth of smart contracts. Dogecoin is the community coin he talks about most.
Volatility still applies. BTC and ETH swing with macro news and tech progress; DOGE reacts quickly to Musk’s posts and product experiments. Treat tokens that use his name or image with extra caution; they are not his holdings and often rise on headlines, then fade just as fast.
If you’re considering an investment, conduct your own research and carefully size up the positions. Check liquidity, developer activity, and utility beyond hype. Read transparent disclosures from teams and exchanges. A clear plan — entry, exit, and risk limits — matters more than the meme of the week. Following Musk’s confirmed holdings is simpler; chasing “Musk coins” rarely works for long.
FAQs
Has Elon Musk created any cryptocurrencies?
Which coins has Elon Musk officially endorsed?
Are Elon Musk coins a scam?
How well have Elon Musk crypto coins performed this year?
Has Elon Musk created any cryptocurrencies?
Does Elon Musk Own XRP?
References
2M+
250+
8
70
in numbers
About Cryptonews
Our goal is to offer a comprehensive and objective perspective on the cryptocurrency market, enabling our readers to make informed decisions in this ever-changing landscape.
Our editorial team of more than 70 crypto professionals works to maintain the highest standards of journalism and ethics. We follow strict editorial guidelines to ensure the integrity and credibility of our content.
Whether you’re looking for breaking news, expert opinions, or market insights, Cryptonews has been your go-to destination for everything cryptocurrency since 2017.
