{
}
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.
Errol Musk, estranged father of Elon Musk, is launching a meme coin called “Musk It” with business partner Nathan Browne, aiming to raise $150 million to $200 million to fund the Musk Institute. Despite concerns over the volatility of meme coins, Errol is unfazed, asserting his role as the family's patriarch. The project, developed in collaboration with a Middle Eastern crypto firm, lacks detailed public information on its tokenomics.
Melania Trump's memecoin peaked at a $13 billion valuation before collapsing, while her husband Donald Trump's token, TRUMP, currently trades at $25.77 with a $5.1 billion market cap. Meanwhile, Errol Musk aims to raise up to $200 million for the MUSKIT memecoin, which has seen fluctuating values since its launch.
Errol Musk, father of Elon Musk, and Nathan Browne aim to raise $150-$200 million through the meme coin Musk It (MUSK) to fund the Musk Institute, a for-profit scientific think tank focused on advancing scientific pursuits like flying vehicles. Despite the name association, Elon Musk is not involved in the project, which launched in December 2024 and peaked at $0.3322 before dropping to $0.02603. Meanwhile, the ROSS token, linked to Ross Ulbricht, experienced a dramatic price surge of over 700% after a significant sell-off mishap involving its wallets.
Errol Musk plans to raise up to $200 million through a meme coin called "Musk It" to fund a new think tank, the "Musk Institute," focused on engineering projects. Elon Musk is not involved in or endorsing the initiative, which has seen its market cap rise significantly despite concerns over its lack of detailed information. The project's founders emphasize that it is not intended to be a "pump and dump" scheme.
Nathan Browne
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Elon Musk's father seeks 200 million from controversial memecoin venture
23:20 31.01.2025
Errol Musk launches meme coin project to fund Musk Institute
16:40 31.01.2025
Trump and Melania launch memecoins amid market volatility and endorsements
United States Dollar
Bitget Token USD
ZMB
Nathan Browne
Elon Musk
Errol Musk
Donald Trump
Melania Trump
Show more
12:25 31.01.2025
Errol Musk launches meme coin to fund new scientific institute
09:17 31.01.2025
Errol Musk launches Musk It meme coin to fund new think tank
07:55 31.01.2025
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Retail and Consumer Goods
Supply Chain Management
Government Economic Policies
Workplace Trends
Industry Mergers & Acquisitions
Stock Market Updates
Fintech Startups
Venture Capital Investments
Financial Scams and Security
Finance Mergers & Acquisitions
CEO Changes
Cryptocurrency Trends
Emerging Startups
Cryptocurrency & Blockchain Regulations
Funding Rounds & Investments
Energy Sector Developments
Countries:
Companies:
Apple Inc.
Google Inc.
Alphabet Inc.
NVIDIA Corporation
Tesla, Inc.
Microsoft Corporation
Amazon.com, Inc.
Delhivery Limited
Ecom Express Ltd.
Foxconn Technology Co., Ltd.
Samsung SDI Co., Ltd.
SWIGGY LIMITED
UWS JP Morgan EM A OSB
Netflix, Inc.
Airbnb, Inc.
Adobe Inc.
GEELY AUTO
TENCENT
CarTrade Tech Limited
Concrete Credit Limited
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
South Korean Won
Algerian Dinar
Vietnamese Đồng
Indonesian Rupiah
Australian Dollar
Egyptian Pound
Saudi Riyal
Swiss Franc
British Pound Sterling
Russian Ruble
Pakistani Rupee
People: