Elon musk is for crypto or just for attention to boost Tesla, SpaceX?

[rdbase]

That's why there was a documentary on a popular news channel that put out a piece on him and called it:
Elon INC
"Elon Musk has built a reputation for changing the game by ignoring the rules, and his recent acquisition of Twitter is no different. Is the turbulent Twitter buyout just the next chapter in Elon Musk’s odds-defying story? CBS Reports peels back the layers on the high-stakes and high-rewards journey of one of the most polarizing and influential people of our time."
excerpt from youtube: https://www.youtube.com/watch?v=T8lq4ac_iq4

This embodies everything to whose businesses main focus is to take over companies.

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[rdbase]

Twitter was an expensive deal for Musk to take over the media platform. The first set of interest payments on the loans he took to acquire twitter was from I heard $1billion to his lenders.
https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt

My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.

[KennyR]

Twitter was an expensive deal for Musk to take over the media platform. The first set of interest payments on the loans he took to acquire twitter was from I heard $1billion to his lenders.
https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt

My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.

Elon have been trying to make good revenue through the Twitter acquisition. His plans didn't work, as he keeps making changes to the terms on the usage. Over the days after the acquiring the market of Twitter keeps decreasing due to the firing of staffs followed by the profile verification as premium services. Hate speech and eye same have made advertisers move out of Twitter causing major revenue loss. Even if the verified users prefer the blue tick service then it might bring another $400 - $500 million in revenue every year. The first loan settlement will give the outlie of his further plans for selling of his alternate stocks or had some other plan.

[OsipBabin]

Elon Musk is a cult figure for some of the smartest people on the planet. So what he's doing with the Dogecoin baffles me.
I mean, they say the Internet doesn't recognize any form of hierarchy, but I think Musk has delusions of god-like grandeur.

Musk is always in my heart the only one who can change the world and take us into the future. He doesn't have a strong purpose of chasing money in his heart. I like this person who has ideals and realizes them. His participation in the crypto world is only for the future of all mankind. Maybe what I said is highly subjective. But I always believe that money is just a tool for him to realize his dreams, not for his own luxurious life.

[8rch7]

Twitter was an expensive deal for Musk to take over the media platform. The first set of interest payments on the loans he took to acquire twitter was from I heard $1billion to his lenders.
https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt

My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.

Elon Musk's purchase of Twitter could possibly be the biggest mistake from a business standpoint, and this failure might threaten Elon Musk's wealth, because Elon Musk is risking his shares in other owned companies to convey Twitter transactions, according to information Elon Musk obtained funds to admit the Twitter through several sources,
$20 billion of private funds
$13 billion of collateralized loans using Twitter shares generated collateral, while $4 billion of Elon Musk's stake from Twitter.

[klidex]

Twitter was an expensive deal for Musk to take over the media platform. The first set of interest payments on the loans he took to acquire twitter was from I heard $1billion to his lenders.
https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt

My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.

Elon Musk's purchase of Twitter could possibly be the biggest mistake from a business standpoint, and this failure might threaten Elon Musk's wealth, because Elon Musk is risking his shares in other owned companies to convey Twitter transactions, according to information Elon Musk obtained funds to admit the Twitter through several sources,
$20 billion of private funds
$13 billion of collateralized loans using Twitter shares generated collateral, while $4 billion of Elon Musk's stake from Twitter.

I don't really care about Elon's purchase of Twitter, whether it will get him in big trouble or not.
Because it is an action that he has done so I think he has really thought about and planned what he will do in the future.
I was just impressed with Elon when he managed to do a hype on Doge coin so that it really had a very high price and was able to convince many investors to invest in Doge coin.

[Hamza2424]

Dear Op as always Ellon is in the crypto industry for his personal benefit. We all are here for the same purpose. One thing which is most famous in his perspective is shit posting and I am not sure when he truly promoted the Bitcoin community as he did promote shitcoins. I don't expect any positive development from him. 

[ZAINmalik75]

Elon is a great personality but in my mind he has no interest in Cryptocurrency like Bitcoin he just used it for his personal interest, example of them are accepting Bitcoin for Tesla. And due to his huge wealth and famous social media personality most of invester trust him and Elon use this trust for his personal profit. No doubt some time Elon change market with just a tweet or adding Bitcoin in bio.

[Sayeds56]

Elon is a great personality but in my mind he has no interest in Cryptocurrency like Bitcoin he just used it for his personal interest, example of them are accepting Bitcoin for Tesla. And due to his huge wealth and famous social media personality most of invester trust him and Elon use this trust for his personal profit. No doubt some time Elon change market with just a tweet or adding Bitcoin in bio.

There is no doubt that Elon Musk is a grat business man & he has used his influence to support  crypto industry in social media through his statements and interviews (particularly he promoted Doge coin) He has also made huge investment in Bitcoin and other crypto currencies. I think it is not easy yo judge whether he did this all for the promotion of Tesla & SpaceX, but we should appreciate him for investing in cryto which is very volatile and risky industry.
However, it is important to note that statements and actions are subject to change any time. We as investor or trader, should make our own analysis and risk assessment, before taking any buying or selling decision.

[Majestic-milf]

 Let's say for now he's most bothered about the growth of his EV company, Tesla than he is any other crypto.  At present, bitcoin's price is up by 16%, so he's doing everything possible surpass that mark. According to coin telegraph , the businessman seemed to had lost a lot in Tesla but has picked up a steady pace.
 Although his interests may lie else where at present, I wouldn't be surprised if he falls to using Bitcoin as a booster for the EV company.

[tam31]

Twitter was an expensive deal for Musk to take over the media platform. The first set of interest payments on the loans he took to acquire twitter was from I heard $1billion to his lenders.
https://fortune.com/2023/01/18/elon-musk-twitter-sales-revenue-interest-payment-loans-debt

My guess will be him selling more stock of his other companies or possibly his holdings in bitcoin to offset the next set of interest payments in a couple of months down the road.

Elon Musk's purchase of Twitter could possibly be the biggest mistake from a business standpoint, and this failure might threaten Elon Musk's wealth, because Elon Musk is risking his shares in other owned companies to convey Twitter transactions, according to information Elon Musk obtained funds to admit the Twitter through several sources,
$20 billion of private funds
$13 billion of collateralized loans using Twitter shares generated collateral, while $4 billion of Elon Musk's stake from Twitter.

I heard that he is selling it again or he is looking for a new owner? So maybe you guys are right that he is struggling to operate it. Even at the start, many people are sceptical about this move. He sure is a businessman but this wasn't just his field. He is into space, rockets and cars. Not some kind of a social media lol.

It's crazy to know that Twitter is only just a social media but it is taxing him a lot of money compared to his other more serious projects. IDK if Elon still has a Bitcoin on his stash but if he still has it then he might sell it and this will badly interrupt the momentum that we are seeing now. Phew, this guy never fails to disappoint us.

[rdbase]

Let's say for now he's most bothered about the growth of his EV company, Tesla than he is any other crypto.  At present, bitcoin's price is up by 16%, so he's doing everything possible surpass that mark. According to coin telegraph , the businessman seemed to had lost a lot in Tesla but has picked up a steady pace.
 Although his interests may lie else where at present, I wouldn't be surprised if he falls to using Bitcoin as a booster for the EV company.

King of the Memes and his acquisition of it only bolsters his appeal even more since it was a done deal less than 5 months ago.


Yet now he has his head just above water with defaulting on rent to two of his offices belonging to twitter.
One in the UK and the other in San Francisco.
https://fortune.com/2023/01/24/twitter-being-sued-britain-royal-family-not-paying-rent-offices-elon-musk

[Pesona1]

Someone who is good at seeing opportunities like Elon Musk, of course, will not waste the opportunity to achieve personal gain, Elon Musk sees that bitcoin can be an alternative to making big profits and that is why he continues to proclaim himself as a crypto lover and creates a sensation by accepting bitcoin as a tesla payments, I think what elon musk is doing is nothing but a trick to create hype that triggers an increase in the price of bitcoin so that when he feels he has made a big profit from the bitcoin he has then he will throw away bitcoin like what tesla is doing now, so is the hype which he continues to create for dogecoin and I'm pretty sure he has thrown away all the dogecoin he currently owns after making a profit.

[rdbase]

Someone who is good at seeing opportunities like Elon Musk, of course, will not waste the opportunity to achieve personal gain, Elon Musk sees that bitcoin can be an alternative to making big profits and that is why he continues to proclaim himself as a crypto lover and creates a sensation by accepting bitcoin as a tesla payments, I think what elon musk is doing is nothing but a trick to create hype that triggers an increase in the price of bitcoin so that when he feels he has made a big profit from the bitcoin he has then he will throw away bitcoin like what tesla is doing now, so is the hype which he continues to create for dogecoin and I'm pretty sure he has thrown away all the dogecoin he currently owns after making a profit.

He is trying to secure $3bln so to pay off the debt his company has incurred during this deal.
There was a trial just the other day where the lawyer who is overseeing the case against him accidentally called him something and it stuck.
https://www.businessinsider.com/elon-musk-twitter-name-stuck-mr-tweet-2023-1

So now he is known as "Mister Tweet" and he did the change to his username on twitter to so it is possible to do the name change on the platform.

[coinerer]

Someone who is good at seeing opportunities like Elon Musk, of course, will not waste the opportunity to achieve personal gain, Elon Musk sees that bitcoin can be an alternative to making big profits and that is why he continues to proclaim himself as a crypto lover and creates a sensation by accepting bitcoin as a tesla payments, I think what elon musk is doing is nothing but a trick to create hype that triggers an increase in the price of bitcoin so that when he feels he has made a big profit from the bitcoin he has then he will throw away bitcoin like what tesla is doing now, so is the hype which he continues to create for dogecoin and I'm pretty sure he has thrown away all the dogecoin he currently owns after making a profit.

Elon Musk is a smart person and he knows that Bitcoin has a big future so he has a big focus on the crypto currency because he doesn't want to miss the chance that he will make a huge amount of profit in the future.  Because he wants to be the richest person in the world by earning money from various places, he adopts such a strategy. For this he shilling the crypto currency at different times. And because he likes meme, he shilling dogecoin must of the time

[rdbase]

Someone who is good at seeing opportunities like Elon Musk, of course, will not waste the opportunity to achieve personal gain, Elon Musk sees that bitcoin can be an alternative to making big profits and that is why he continues to proclaim himself as a crypto lover and creates a sensation by accepting bitcoin as a tesla payments, I think what elon musk is doing is nothing but a trick to create hype that triggers an increase in the price of bitcoin so that when he feels he has made a big profit from the bitcoin he has then he will throw away bitcoin like what tesla is doing now, so is the hype which he continues to create for dogecoin and I'm pretty sure he has thrown away all the dogecoin he currently owns after making a profit.

Elon Musk is a smart person and he knows that Bitcoin has a big future so he has a big focus on the crypto currency because he doesn't want to miss the chance that he will make a huge amount of profit in the future.  Because he wants to be the richest person in the world by earning money from various places, he adopts such a strategy. For this he shilling the crypto currency at different times. And because he likes meme, he shilling dogecoin most of the time

Oh yes he is.
And somebody at Mcdonalds had noticed a tweet that Mr.Twitter has put up earlier in the day.

https://twitter.com/cb_doge/status/1618826036808159235

source: https://www.benzinga.com/markets/cryptocurrency/23/01/30597875/elon-musk-still-open-to-eating-happy-meal-on-tv-if-mcdonalds-accepts-dogecoin

[Maxre]

Watching the lately spot about Musk appearing on live tv this weekend for showing what all the hype is about and if he will actually have a mention of his favorite cryptocurrency doge, it seems the media are jumping all over this appearance.
https://www.youtube.com/watch?v=nWWzszskgmA

What are your thoughts about this North American appearance and what do you think he will do or say about doge or even bitcoin?
I think since Miley Cyrus is the musical guest he will have her dress up as a dog and call her doge.
She likes cats and had dressed up as them on stage during her concerts, so you never know what these two crazy people will do on this episode.

By reading your post and also my other reviews made me to some of these mixed reviews about this Elon musk Bitcoin strategy and these are described below 👇
1. ELON Musk Knows the full potential of Bitcoin and also crypto. He knows that maybe this is the Cryptocurrency that can make me Trillionare in future because if crypto potential and he can do this.
2. He allowed dogecoin because he knows that having a single transaction of 1 billion dollars will cost me only some pennies in transactions fee than transfer almost billion dollars through bank may be a big problem. 3. And also I think that he came here for its own benefits than ither like us that we are a community.

[KennyR]

Someone who is good at seeing opportunities like Elon Musk, of course, will not waste the opportunity to achieve personal gain, Elon Musk sees that bitcoin can be an alternative to making big profits and that is why he continues to proclaim himself as a crypto lover and creates a sensation by accepting bitcoin as a tesla payments, I think what elon musk is doing is nothing but a trick to create hype that triggers an increase in the price of bitcoin so that when he feels he has made a big profit from the bitcoin he has then he will throw away bitcoin like what tesla is doing now, so is the hype which he continues to create for dogecoin and I'm pretty sure he has thrown away all the dogecoin he currently owns after making a profit.

Elon Musk is a smart person and he knows that Bitcoin has a big future so he has a big focus on the crypto currency because he doesn't want to miss the chance that he will make a huge amount of profit in the future.  Because he wants to be the richest person in the world by earning money from various places, he adopts such a strategy. For this he shilling the crypto currency at different times. And because he likes meme, he shilling dogecoin must of the time

Once he made big money out of cryptocurrency investment. His manipulation worked and the same made more positive things around the market. This time people are well known about manipulation trick and are aware of the market situation. By now nothing gonna work as people are well aware of his tactics. Being the richest on the world turned to be an influencer, entire media watches his activities which is an advantage for him.

[Vyeon11]

what elon musk is chasing is nothing but success, and that is normal for humans.
many ways to achieve success, and elon musk uses many ways to achieve success.
that's a good thing, his hardworking attitude should be emulated.
but as a human being, of course it has its drawbacks.
and our job as humans is not to see the shortcomings, what we need to observe are the strengths.

[Desmong]

Elon Musk is a business man and he knows how to play his game well. I like him for that because he had been using different avenue to make sure to he boost his business with any means possible. He opt I to the use of Bitcoin and use it to improve his business by selling large quantities of his  battery vehicles which made his company more popular than before.