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Elon Musk's father seeks 200 million from controversial memecoin venture

Errol Musk, father of Elon Musk, aims to raise $200 million through the memecoin "Musk It" to fund a think tank. Despite their estrangement, Errol has endorsed the token, which briefly peaked at $0.09, while Elon remains uninvolved and critical of his father's past actions. Key details about "Musk It" are still unclear, with its market cap around $40 million.
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