{"id":474469,"date":"2021-10-23T18:00:30","date_gmt":"2021-10-23T18:00:30","guid":{"rendered":"https:\/\/ktsl888.com\/?p=474469"},"modified":"2021-10-23T17:14:07","modified_gmt":"2021-10-23T17:14:07","slug":"elon-musk-dogecoin-trillionaire","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/dogecoin\/elon-musk-dogecoin-trillionaire\/","title":{"rendered":"Elon Musk Plans To Become The World\u2019s First Dogecoin Trillionaire"},"content":{"rendered":"<p>Tesla CEO Elon Musk says that he will become the world&#8217;s first Dogecoin trillionaire.<br \/>\nAccording to a recent prediction by a Morgan Stanley analyst, the SpaceX founder is on his way to becoming the world&#8217;s first trillionaire with his relentless amassing of wealth.<\/p>\n<p>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.<\/p>\n<p style=\"text-align: center\"><strong><em>Related Reading |\u00a0<a href=\"https:\/\/ktsl888.com\/news\/dogecoin\/elon-musks-spikes-dogecoin-price\/\">Elon Musk\u2019s \u201cBaby Doge\u201d Tweet Spikes The Dogecoin Price<\/a><\/em><\/strong><\/p>\n<p>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 <a class=\"editor-rtfLink\" href=\"https:\/\/www.bloomberg.com\/billionaires\/\" target=\"_blank\" rel=\"nofollow\">the Bloomberg Billionaires Index<\/a>, he has an estimated net worth of $252 billion. The Bloomberg Billionaires Index is a daily ranking of the world\u2019s richest people.<\/p>\n<p>In July, the tech entrepreneur revealed that he owns Bitcoin, Dogecoin, and Ether.<\/p>\n<h2>Elon Musk and Dogecoin<\/h2>\n<p>Musk&#8217;s net worth has skyrocketed because of Tesla, whose stock price has kept increasing over the months. On Friday, the company&#8217;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.<\/p>\n<p>On Friday, Twitter account @UberFacts reported the prediction from Morgan Stanley.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Elon Musk is predicted to become the world&#39;s first trillionaire, thanks to SpaceX<\/p>\n<p>&mdash; UberFacts (@UberFacts) <a href=\"https:\/\/twitter.com\/UberFacts\/status\/58244907?ref_src=twsrc%5Etfw\" rel=\"nofollow\">October 22, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Elon then replied directly to the tweet agreeing that he would be a trillionaire, but in Dogecoin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">*In Dogecoin<\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/78833927?ref_src=twsrc%5Etfw\" rel=\"nofollow\">October 22, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In typical fashion, Musk\u2019s mention of Dogecoin in the tweet resulted in the coin\u2019s price rallying by almost 6% in just an hour. At the time of writing, Dogecoin is trading at $0.247.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/gGsA7UJd\/\" alt=\"DOGE Chart on TradingView.com\" width=\"2172\" height=\"1320\"><\/p>\n<pre style=\"text-align: center\">Musk's tweet pushes Doge to $0.247 | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/thNkmlDT\/\" rel=\"nofollow\">DOGEUSD on TradingView.com<\/a><\/pre>\n<p>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.<\/p>\n<p>In May, the SpaceX founder <a href=\"https:\/\/www.cnbc.com\/2021\/05\/09\/spacex-accepts-dogecoin-payment-for-doge-1-mission-to-the-moon.html\" rel=\"nofollow\">announced<\/a>\u00a0that 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.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">SpaceX launching satellite Doge-1 to the moon next year<\/p>\n<p>\u2013 Mission paid for in Doge<br \/>\u2013 1st crypto in space<br \/>\u2013 1st meme in space<\/p>\n<p>To the mooooonnn!!<a href=\"https:\/\/t.co\/xXfjGZVeUW\" rel=\"nofollow\">https:\/\/t.co\/xXfjGZVeUW<\/a><\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/48527620?ref_src=twsrc%5Etfw\" rel=\"nofollow\">May 9, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>SpaceX Founder&#8217;s Net Worth Prediction<\/h2>\n<p>According to the\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/www.theguardian.com\/technology\/2021\/oct\/20\/spacex-could-make-elon-musk-world-first-trillionaire-says-morgan-stanley\" target=\"_blank\" rel=\"nofollow\">Guardian<\/a>, analysts at investment bank Morgan Stanley have predicted that Elon Musk will become the first trillionaire in the world.<\/p>\n<p><a class=\"editor-rtfLink\" href=\"https:\/\/www.forbes.com\/profile\/elon-musk\/?sh=11328e8f7999\" target=\"_blank\" rel=\"nofollow\">Forbes<\/a> 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.<\/p>\n<p>A Morgan Stanley analyst says that he could make much more money from his space exploration business SpaceX than he has made from Tesla.<\/p>\n<p style=\"text-align: center\"><strong><em>Related Reading |\u00a0<a href=\"https:\/\/ktsl888.com\/news\/elon-musk-brushes-off-snl-fail-plans-to-literally-send-dogecoin-to-the-moon\/\">Elon Musk Brushes Off SNL Fail, Plans To Literally Send Dogecoin To The Moon<\/a><\/em><\/strong><\/p>\n<p>The analyst Adam Jonas said that SpaceX was \u201cchallenging any preconceived notion of what was possible and the timeframe possible, in terms of rockets, launch vehicles and supporting infrastructure\u201d.<\/p>\n<p>He added: \u201cMore than one client has told us if Elon Musk were to become the first trillionaire &#8230; it won\u2019t be because of Tesla. Others have said\u00a0<a class=\"editor-rtfLink\" href=\"https:\/\/www.theguardian.com\/science\/spacex\" target=\"_blank\" rel=\"nofollow\">SpaceX<\/a>\u00a0may eventually be the most highly valued company in the world \u2013 in any industry.\u201d<\/p>\n<p style=\"text-align: center\"><strong><em>Related Reading |\u00a0<a href=\"https:\/\/ktsl888.com\/news\/bitcoin\/spacex-owns-bitcoin\/\">SpaceX Has Bitcoin On Its Balance Sheet, Elon Musk<\/a><\/em><\/strong><\/p>\n<p>Jonas estimates that the privately-held SpaceX, valued at $100bn this month, could be worth $200bn and even more. It is presently the world\u2019s second-biggest privately held company, after the internet firm ByteDance. The SpaceX founder owns roughly 48% of the company.<\/p>\n<p>It remains to be seen if these predictions about the Tesla CEO will come to pass.<\/p>\n<pre style=\"text-align: center\">Featured image by The World Financial Review, Chart From TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Tesla CEO Elon Musk says that he will become the world&#8217;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&#8217;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 |\u00a0Elon Musk\u2019s \u201cBaby Doge\u201d 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\u2019s richest people. In July, the tech entrepreneur revealed that he owns Bitcoin, Dogecoin, and Ether. Elon Musk and Dogecoin Musk&#8217;s net worth has skyrocketed because of Tesla, whose stock price has kept increasing over the months. On Friday, the company&#8217;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 then replied directly to the tweet agreeing that he would be a trillionaire, but in Dogecoin. In typical fashion, Musk\u2019s mention of Dogecoin in the tweet resulted in the coin\u2019s price rallying by almost 6% in just an hour. At the time of writing, Dogecoin is trading at $0.247. Musk&#8217;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\u00a0that 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 Founder&#8217;s Net Worth Prediction According to the\u00a0Guardian, 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 |\u00a0Elon Musk Brushes Off SNL Fail, Plans To Literally Send Dogecoin To The Moon The analyst Adam Jonas said that SpaceX was \u201cchallenging any preconceived notion of what was possible and the timeframe possible, in terms of rockets, launch vehicles and supporting infrastructure\u201d. He added: \u201cMore than one client has told us if Elon Musk were to become the first trillionaire &#8230; it won\u2019t be because of Tesla. Others have said\u00a0SpaceX\u00a0may eventually be the most highly valued company in the world \u2013 in any industry.\u201d Related Reading |\u00a0SpaceX 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\u2019s 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<\/p>\n","protected":false},"author":545,"featured_media":474488,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1785,7,8375,84471,16256,11727,4096],"class_list":["post-474469","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-dogecoin","tag-elon-musk","tag-meme-coin","tag-space-x","tag-spacex","tag-tesla"],"acf":[],"yoast_head":"\n<title>Elon Musk Plans To Become The World\u2019s First Dogecoin Trillionaire<\/title>\n<meta name=\"description\" content=\"Tesla CEO Elon Musk says that he will become the world&#039;s first Dogecoin trillionaire. 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