Musk has publicly confirmed that he owns only three cryptocurrencies:
- Bitcoin (BTC) – Bitcoin was Musk's first major cryptocurrency investment. In February 2021, Tesla announced a $1.5 billion investment in Bitcoin. Musk has stated he personally owns Bitcoin as well, though he has not disclosed the exact amount.
- Ethereum (ETH) – Musk confirmed his Ethereum holdings during a cryptocurrency conference in July 2021. He mentioned owning Ethereum alongside his Bitcoin and Dogecoin investments. Ethereum remains popular among investors who use it on various crypto exchange platforms due to its smart contract capabilities.
- Dogecoin (DOGE) – Dogecoin appears to be Musk's favorite cryptocurrency. He has frequently tweeted about DOGE, calling himself the "Dogefather." His social media posts about Dogecoin have caused significant price movements.
Many Dogecoin holders wonder if staking and delegating crypto is the same thing when looking to earn passive income from their DOGE holdings.
While many rumors suggest Musk holds various meme coins and other digital assets, he has not verified owning anything beyond these three cryptocurrencies.
Musk has not announced any changes to his cryptocurrency portfolio recently. He continues to mention these three cryptocurrencies in interviews and social media posts.
It's worth noting that Musk's companies have different cryptocurrency policies. While Tesla briefly accepted Bitcoin as payment in 2021 before suspending it due to environmental concerns, SpaceX has not made similar announcements about cryptocurrency acceptance.
