The founder of Tesla and SpaceX said he bought Dogecoin cryptocurrency for his younger son.
— Elon Musk (@elonmusk) February 10, 2021
“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.
Subscribe to ForkLog news on Twitter.