Elon Musk, 49, left, appeared to show renewed support for cryptocurrencies in a New tweet Saturday, and appeared to have helped stabilize a brutal drop in Bitcoin’s value.
The singer, whose real name is Charlton Howard, told The Kyle and Jackie O Show: ‘I asked him, “If you were me, a young artist who is making money and wants to spend it… What would you invest it in?”‘
Elon Musk in the early hours of Monday tweeted that he was not selling Tesla’s $1 billion Bitcoin holding, ending a week of wild speculation about the Tesla founder’s intentions with the cryptocurrency.
Musk, main, tweeted Wednesday to say the car manufacturer has suspended the use of Bitcoin, price inset. Purchasing with Bitcoins and other cryptocurrencies requires a lot of electricity.
The decision to tap the Tesla CEO and ‘Technoking’ to host the NBC sketch comedy show was seen as a risky gambit by creator Lorne Michaels to boost ratings and expand audience.