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Elon Musk buys Dogecoin for his younger son

Elon Musk buys Dogecoin for his younger son

The founder of Tesla and SpaceX said he bought Dogecoin cryptocurrency for his younger son.

“I bought a little Dogecoin for X so that he would be a little hodler,” Musk wrote.

X Æ A-12 (pronounced ‘Ex A-Twelve’) is Elon Musk’s son with Canadian musician Grimes, born in May 2020.

Earlier in February, Dogecoin rose by almost 50% in less than an hour after a series of Elon Musk’s tweets. The businessman has repeatedly expressed his fondness for the coin.

Earlier billionaire Mark Cuban also bought Dogecoin for his 11-year-old son for educational purposes.

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