Last updated on December 8th, 2022 at 02:54 pm
Elon Musk’s tweets are worth millions of dollars, but he is not interested
Tesla Techno King Elon Musk has experimented with selling his tweets. Like any digital content, tweets can be traded as Non-fungible tokens (NFT) to ensure authenticity. It is impossible or tough to forge such an artifact since it relies on blockchain technology. They wanted to buy the tweet for sale for over $ 1 million, but Musk withdrew the offer.
The economic uncertainty in the world and the lowering of the average bar of common sense makes the owners of round sums look for a haven for their funds. Hence the boom in cryptocurrencies and the fashion for buying NFTs. The other day for the NFT image of the artist Beeple, they gave a record amount of $ 69 million, and the first tweet of the head of the company of the same name, Jack Dorsey, quickly crossed the mark with an offer of $ 2 million.
Musk’s tweet for sale contained a short song of his authorship, a simple video clip, and a short phrase. Twitter user @SinaEstavi offered 625 ETH NFT for this bundle, roughly equal to $ 1.12 million. Musk soon withdrew the offer, saying: “Actually, it seems to me that selling this is not entirely correct. Let’s go. “
According to sources, Musk’s action could have become a distraction for several unpleasant situations around Tesla. The company’s shares are unstable, an investigation by the control authorities has begun against it after another accident, shareholders are outraged by Musk’s irresponsibility on social networks, and the stock exchange regulator is unhappy with the unpredictable influence of the head of Tesla on the stock market. Hopefully, Musk or his advisers are shrewd enough to convert the hype and “digital” into tangible assets, such as factories.