Will Elon Musk Ever Launch a Cryptocurrency from SpaceX?

20 replies 314 views
Posts: 137 · Reputation: 38
#1Jan 31, 2019, 04:31 PM
Do you think Elon Musk is ever gonna pull a crypto launch from SpaceX?
3 Reply Quote Share
max365Newbie
Posts: 234 · Reputation: 20
#2Jan 31, 2019, 05:20 PM
Sounds kinda wild, right? But with everything he's done, people always doubt him, and he proves them wrong.
2 Reply Quote Share
greg2015Legendary
Posts: 258 · Reputation: 5547
#3Jan 31, 2019, 08:36 PM
Honestly with the memecoin hype and stuff, anything's on the table for him. He's a big player in crypto and totally influential in that meme scene. Dogecoin is like his baby, so a SpaceX coin wouldn't be too far off.
2 Reply Quote Share
Posts: 219 · Reputation: 36
#4Feb 1, 2019, 12:27 AM
Who knows what he'll do. If he launches it, people will buy it just to flip it for quick cash. But then again, he might make off with their money first. I'm wary of his tweets... not trying to catch falling knives.
4 Reply Quote Share
nocoinerHero Member
Posts: 36 · Reputation: 2837
#5Feb 1, 2019, 12:36 AM
If he really wanted to launch a crypto, he could have done it already when the hype was strong. Honestly, I don't think he'll do it at this point. His buzz in the crypto space isn't what it used to be.
1 Reply Quote Share
ch4d2014Member
Posts: 42 · Reputation: 130
#6Feb 1, 2019, 04:26 AM
Can't say for sure what he's thinking, but I wouldn't completely count out the idea of a crypto from him. He knows how to get hype going, just look at Dogecoin. If he launched something, it'd definitely catch fire.
2 Reply Quote Share
Posts: 88 · Reputation: 246
#7Feb 1, 2019, 07:42 AM
Elon's always involved in crypto somehow. But with all the drama around launching coins now, maybe it's not the best move for him. SpaceX has a lot going on that's successful already. If they needed funding in the future, sure, he might go that route, but let's hope it doesn't come to that.
2 Reply Quote Share
4tlas07Member
Posts: 25 · Reputation: 123
#8Feb 2, 2019, 10:30 AM
I wouldn't be shocked if he drops a coin. Trump did it, and look at how many people got rich, even if most lost cash. Elon has the platform to make any memecoin a trend, aside from the hardcore Bitcoin fans who won't touch them.
2 Reply Quote Share
MadChainFull Member
Posts: 51 · Reputation: 392
#9Feb 3, 2019, 10:45 PM
I mean, he loves crypto and has backed a memecoin before, so yeah, there’s a good chance he could create one. But it's probably gonna be another memecoin. People love that stuff because of his clout.
0 Reply Quote Share
w1ld5tackFull Member
Posts: 103 · Reputation: 605
#10Feb 4, 2019, 01:21 AM
The potential is there, but who knows? Elon’s got such wild ideas about Mars and life there. I just feel like he’s still focused on the current coins and not launching anything new right now.
1 Reply Quote Share
DarkOmegaMember
Posts: 24 · Reputation: 249
#11Feb 4, 2019, 02:28 AM
Nah, I don't see it happening. Elon’s been pretty clear that he thinks anyone wanting exposure to his companies should just buy Tesla stocks. It’s not impossible, but I doubt he dives into crypto when he's already hitting it big.
2 Reply Quote Share
Posts: 137 · Reputation: 38
#12Feb 4, 2019, 03:51 AM
Seriously, if people even asked for a crypto project from him, I think he'd pass. He doesn't need it and is all about boosting his revenue. Plus, competition is heating up with others like China entering the space.
2 Reply Quote Share
hawk_nodeMember
Posts: 5 · Reputation: 42
#13Feb 4, 2019, 04:14 AM
But how can the US stop a Chinese company from doing business worldwide? There are plenty of Chinese firms thriving despite all the tariffs.
3 Reply Quote Share
nick_minerSenior Member
Posts: 74 · Reputation: 1843
#14Feb 4, 2019, 08:27 AM
With Elon, anything seems possible. If he sees some value in linking crypto to SpaceX or Starlink, he could totally go for it. Maybe not an actual "SpaceX coin," but something like a blockchain for communications would fit.
2 Reply Quote Share
gmfrensMember
Posts: 213 · Reputation: 42
#15Feb 4, 2019, 08:42 AM
I just don’t see a need for him to launch a coin. He’s already swimming in cash and has a ton of influence. Usually, these memecoins are just for a quick buck, and he doesn’t need that drama.
4 Reply Quote Share
0xGweiFull Member
Posts: 43 · Reputation: 310
#16Feb 4, 2019, 01:16 PM
I’m steering clear of any Elon's tweets lately. It’s a mess trying to catch the right info, and all I see is hype leading to FOMO. SpaceX had attention, but a lot of the hype from Doge and memecoins fizzled out quickly.
4 Reply Quote Share
coldcoinNewbie
Posts: 69 · Reputation: 5
#17Feb 4, 2019, 07:19 PM
Let’s be real, Elon’s a businessman first. If he launches anything, he’ll think it through. People are unpredictable. If you told me Trump would drop a coin, I’d have laughed. But look how that turned out for him.
0 Reply Quote Share
LuckyByteMember
Posts: 142 · Reputation: 58
#18Feb 5, 2019, 12:54 PM
True, Trump surprised everyone with that. If Elon does launch something, it’ll be a memecoin for sure. He might not do it with SpaceX, since he’s already got stocks there, but he knows how to milk his fanbase.
4 Reply Quote Share
Posts: 3 · Reputation: 128
#19Feb 7, 2019, 05:12 PM
Could you imagine if he drops a "Marscoin" for payments on Mars? Or buys Ripple to make XRP his own thing? There were talks about his interest in a crypto payment system on X, but nothing's come of it.
3 Reply Quote Share
WildWolfMember
Posts: 168 · Reputation: 43
#20Feb 7, 2019, 06:13 PM
I don’t see him launching a new SpaceX crypto when he’s already pushed Dogecoin. They’re sending DOGE-1 to the moon. Isn’t that enough? Why complicate things with something new?
1 Reply Quote Share

Related topics