Quote from: Sarah Azhari on July 07, 2023, 01:26:02 AM

Quote from: Cryptomultiplier on July 06, 2023, 09:02:57 PM

I would not be surprised if he makes another purchase that might be classified as whale signal and thus influence the crypto market, mostly as BTC is expected to be halved next year. He is exposed to top information and has lots of wealthy friends with investments in cryptocurrency and the future prospects in general.

As far as I know, his prestige has faded since he was rumored sold his bitcoin, he lost faith by the community, and because of that, he try to increase his name again by creating controversy or news that make his name appear again on the community. He tries to create strife with Mark so his name is back again on top. But still no progress because the people have already grown up and not easily affected again by his words.

Yes, no one hears his words again. because people already know, entrepreneurs have many ways to get a lot of profits.

It's true that Elon Musk is sometimes unpredictable and innovative,but based on his past acquisitions it's possible that he'll continue to invest in companies that are focused on disruptive technologies like AI, robotics and electronic vehicles.

Well by his acquisitions in the past years, we can really intell that he's probably a good and determined entrepreneur. Like in 1998 when Paypal was founded, he was one of the sole founders of the company and was the CEO until 2000. And besides, he remained a major shareholder in the company and benefitted largely from the company's sale to eBay.

Also Elon was one of the co-founders of Tesla Motors in 2003. He even invested enormously in the company from his own money, thereby stating that he had already made a fortune then. Let's not forget, Elon started at the age of 12 to develop websites and web games. He also served as the CEO of Tesla Motors since 2008 and under his leadership, the company even gained recognition as one of the world's most valuable car companies.

The case of Solar city, initially the company was founded by his Cousins. But in 2016, Tesla acquired Solar City in an all-stock deal. And Elon even became the Chairman of both companies.

When I first learnt that he didn't initially found Space X in a news conference, I was marveled. Although he jointly founded the company with Tom Mueller and others but still, he became the CEO and also the company's largest Shareholder in 2004. And his leadership has led to the company's great success till date.

Elon single handedly invested $1 billion in Open AI in 2015, and has been supporting the company since then and has been mentioned as one of the company's largest Shareholder hence owning the company partly.

Elon's Twitter purchase initially wasn't driven by Crypto currency. He thought the company as an approach to free speech and he thought about the app t ok become a super app that could provide wide range of services and news including payment. His motive for the purchase of Twitter was partly about Crypto.
Although he has a wide view and also believe in Crypto as he has been a vocal supporter of Dogecoin. And has been recorded to invest in many Crypto companies like Block.one

I really think his next purchase will be a Crypto company in his name, but probably will not be this year.