Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Adrian Zmudzinski

Elon Musk To Pump NFTs Next? NFT Creator Beeple Acknowledged By Tesla CEO

Elon Musk — tech tycoon and CEO of electric vehicle manufacturer Tesla Inc. (NASDAQ:TSLA) — clearly started paying attention to the non-fungible token (NFT) industry, as shown by his Twitter Inc. (NYSE:TWTR) activity.

What Happened: NFT star Beeple pointed out in a Sunday tweet that Musk started following him on Twitter — a claim verified as of press time.

The tweet follows Musk suggesting at the end of 2021 that NFT buyers are delusional when he tweeted a photo of a man being counseled by a therapist and asked whether NFTs were also in the room.

Also Read: If You Invested $100 When Elon Musk First Tweeted About Dogecoin, Here's How Much You'd Have Now

Also, at the end of 2021, Musk criticized NFTs in response to a tweet by Dogecoin (CRYPTO: DOGE) co-founder Billy Markus about the proliferation of scams within the cryptocurrency industry, saying that NFTs “are jpeging the dollar.”

Previously, Beeple had offered to pay Musk $69 million for Musk’s song about NFTs, that was put up for sale as an NFT earlier this year, but Musk wanted to be paid 420 million DOGE instead.

Musk also chided Twitter — before becoming the social media giant's top shareholder — over the introduction of verified non-fungible token profile pictures on its platform in a series of tweets in January.

Photo: Courtesy of TED Conference on Flickr

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.