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Elon Musk May Invest in Ripple: Rumors of $104 Billion

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by Giorgi Kostiuk

4 hours ago


Recent rumors about Elon Musk's plans to invest a significant amount in Ripple and XRP have drawn public attention, yet there is no official confirmation of this data.

Rumors of a Major Investment

According to a viral post, Elon Musk allegedly plans to invest $104 billion in the cryptocurrency XRP. The post also stated, 'Elon Musk joins Ripple partnership, injects $104B into XRP.' However, there is currently no official confirmation of this information.

Reaction to the Rumors

Some observers note that rumors regarding Musk's intentions to invest in XRP have become more frequent. Not long ago, it was reported that he was ready to invest $50 billion in this cryptocurrency. Notably, the analytical platform Perplexity AI denied the rumors about a $50 billion investment. The rapid change in the reported investment amount to $104 billion raises questions about the reliability of these claims.

Unofficial Musk Posts About XRP

Earlier this year, there were rumors that Musk had briefly posted about XRP with the comment, '#XRP is looking quite promising,' before deleting it. This sparked interest, given his previous interest in Dogecoin and Bitcoin, leading some to suggest he might now be focusing on XRP. However, no evidence has surfaced to confirm the existence of this tweet.

While rumors of Elon Musk's potential investment in XRP continue to circulate, it is essential to approach them with caution. There are currently no official confirmations, and potential investors should take this into consideration.

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