Elon Musk may love cryptocurrencies, but they are far from his focus

Elon Musk may love cryptocurrencies, but they are far from his focus

Although Elon Musk, the richest man in the world, is known for his countless tweets about cryptocurrencies like Dogecoin, Bitcoin and Ethereum, this topic is far from his true focus: his companies.

A study by Visual Capitalist shows Elon Musk’s journey on Twitter over the past decade. At the peak, reports of Tesla, the maker of electric cars, are dominant, followed by SpaceX, the rocket maker.

Cryptocurrencies, while they appear frequently in his comments, are far from his main topic. Anyway, this is one of the most talked about topics by the billionaire.

Ten years of Elon Musk on Twitter

Today, Elon Musk is one of the most successful entrepreneurs in the world, CEO of Tesla and founder of several companies such as SpaceX, The Boring Company, X.com (merged with PayPal), Neuralink, OpenAI and Zip2, Musk became the richest man in the world. world in 2021 by overtaking Amazon’s Jeff Bezos.

Because of this, and also because of his charisma, Elon Musk has the 9th largest number of followers on Twitter today, with 77.3 million people following him. While he talks a lot about cryptocurrencies, especially Dogecoin, this is not his main focus.

Elon Musk tweets in the past 10 years.  Source: Visual Capitalist
Elon Musk tweets in the past 10 years. Source: Visual Capitalist

In the image above, prepared by Visual Capitalist, it is possible to track the interests of the richest man in the world over the past 10 years. His two largest companies, Tesla and SpaceX, are his favorite subjects.

Involvement in cryptocurrencies

Due to the multitude of his interests which include rockets, electric cars, solar energy, underground tunnels and artificial intelligence, there has been much speculation about Elon Musk’s entry into the world of cryptocurrencies especially Bitcoin also due to his interest in finance due to his involvement with PayPal.

Such speculations increased every year, for example in 2018 the billionaire was seen with a book on cryptocurrencies at an event. The following year, 2019, he made his first comment on Bitcoin during a conversation with Cathie Wood of Ark Invest.

Elon Musk with a book on cryptocurrencies in 2018. Source: Reddit

As early as 2020, Musk started sharing memes about both Dogecoin and Bitcoin as shown below, fueling speculation about his entry into the cryptocurrency market.

“Dogecoin Pattern Versus Global Financial System”

“Bitcoin vs Me Trying to Live a Normal Productive Life”

It was then that in 2021, the billionaire announced that Tesla was beginning to accept payments in Bitcoin and announced the purchase of $1.5 billion in BTC to fund the company’s money.

Cryptocurrencies Are Not Elon Musk’s Focus

Despite contributing to the adoption of both Bitcoin and Dogecoin, which both broke records in 2021, cryptocurrencies are still a long way from Elon Musk’s focus, as can be seen in the first image of this article.

His oldest tweets from the past decade are about SpaceX’s Dragon spacecraft, as well as the launch of the first Tesla, the Model S. Unsurprisingly, ten years later, his greatest interest remains in it.

Tesla Model S Plaid
Tesla Model S Plaid, the fastest car in the world.

While running two leading companies in their fields must be a grueling task, Musk has always set aside some of his time for other things. As an example, in addition to cryptocurrencies, we can see the creation of a flamethrower by the Boring Co. mention his help rescuing children trapped in a cave in Thailand and his appearances on the Joe Rogan podcast. More recently, the billionaire supplied the internet to Ukrainians through Starlink.

Finally, even if cryptocurrencies are not his main topic, we can expect them to be acquired by Elon Musk along with all his current and future endeavors.

Source: Live Coins