May 19, 2021
Musk s time in the crypto space has been tumultuous. Here is how his opinion, and Tesla s, has changed over time.
After Tesla announced that it would no longer accept Bitcoin for its cars, the crypto community showed anger and frustration on social media. Elon Musk s take on Bitcoin has shifted several times throughout history, and his Tweets have always been unpredictable, so this really shouldn t be that surprising.
First Thoughts
The PayPal co-founder s first prominent comments on Bitcoin came during a podcast in 2019 with Cathie Wood, the CEO and CIO of Ark Invest.
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Move over Jeff Bezos, there’s a new richest person in the world. On Thursday, Tesla CEO Elon Musk, who is seeking to transform transportation in Las Vegas, officially took over that title.
Elon Musk, seen here arriving at a New York federal court in April 2019, has recently become the world’s wealthiest person. He soon may add to that wealth, thanks to projects taking place in Las Vegas. (Image: Drew Angerer/Getty Images)
Forbes tracks that in real-time on its web site. As of 10 pm ET Saturday, the magazine valued Musk’s net worth at $189.7 billion. That’s $4 billion more than Amazon founder Bezos.