Collection item
In early 2021, Musk publicly expressed his support for Bitcoin, stating, "I am a supporter of Bitcoin," and suggesting that it was "on the verge of getting broad acceptance by conventional finance people."Elon Musk, the CEO of Tesla and SpaceX, is a prominent advocate for Dogecoin, a cryptocurrency that began as a meme but has gained substantial popularity and market value, partly due to Musk's influence.In 2021, Tesla, which was cofounded by Elon Musk, began accepting Bitcoin as payment for its vehicles, further integrating the cryptocurrency into its business operationsIn February 2021, Tesla, which was cofounded by Elon Musk, announced a $1.5 billion investment in Bitcoin, marking one of the largest corporate investments in the cryptocurrency at the time