Elon Musk has changed his Twitter profile to just “#bitcoin.” The Spacex and Tesla CEO also tweeted, “In retrospect, it was inevitable.” The price of bitcoin immediately soared.
Elon Musk’s Bitcoin Twitter Profile and Tweets
Spacex and Tesla CEO Elon Musk changed his Twitter profile to “#bitcoin” on Friday morning. He also made a cryptic tweet that says, “In retrospect, it was inevitable.” At the time of writing, his tweet has been liked over 152.6K times, retweeted 22.2K times, and commented on 12.8K times. The billionaire entrepreneur has about 43.8 million followers on Twitter.
The tweet was made at 3:22 AM EST on Jan. 29 when the price of bitcoin was hovering around $32,212 based on data from markets.Bitcoin.com. Immediately after the tweet, the price of bitcoin shot up and peaked at about $37,803, which was more than a 17% surge before retreating slightly. The current BTC price stands at $36,965.
Many people on Twitter see Musk’s tweet and profile change as a massive endorsement for bitcoin. Morgan Creek Digital partner Anthony Pompliano commented:
Elon Musk, one of the richest men in the world and the greatest innovator of our time, has only one word in his Twitter bio: bitcoin … Tesla and Spacex adding bitcoin to their balance sheet is now inevitable.
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