As of today, July 16, 2025, Elon Musk’s crypto portfolio includes Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). He’s publicly stated his ownership.
Table of contents
Breakdown
- Bitcoin (BTC): Musk views Bitcoin as a longer-term investment.
- Dogecoin (DOGE): He has repeatedly said DOGE is his favorite, citing its “non-serious nature.” Musk has enabled DOGE payments for Tesla merchandise.
- Ethereum (ETH): Ether is held as a personal asset.
Musk’s companies, Tesla and SpaceX, also hold crypto.
Musk’s Influence and Market Impact
Musk’s tweets and pronouncements on cryptocurrencies have a significant impact on the market. His endorsement of Dogecoin, in particular, has led to dramatic price fluctuations, demonstrating his influence on investor sentiment. He playfully refers to these cryptocurrencies as ASCII hash strings, suggesting their fundamental nature as digital data.
Beyond the Big Three: Meme Coins and Endorsements
While Bitcoin, Ethereum, and Dogecoin form the core of his publicly known holdings, Musk has also shown interest in meme coins like TRUMP and MELANIA, though it’s unclear if he holds these personally. His endorsements, even in jest, can drive significant attention and trading volume.
SpaceX’s Crypto Involvement
While specifics are scarce, Musk has hinted at SpaceX holding certain cryptocurrencies. The details of these holdings are not publicly available, adding another layer of intrigue to his involvement in the crypto space.
A Word of Caution
Despite Musk’s influence and the potential for gains, investing in cryptocurrency remains a high-risk endeavor. It’s crucial to approach the market with caution and conduct thorough research before making any investment decisions, rather than solely relying on the endorsements of any individual, including Elon Musk.
This information is based on publicly available data and reported statements by Elon Musk. The cryptocurrency market is volatile and subject to change. This is not financial advice.
