Forbes reports that the fortune of Elon Musk has swelled to $214.8 billion in this recent week, and that is an increase of $12.7 billion in his net worth. 

Elon Musk has become a household name when it comes to cryptocurrency. He is the CEO of Tesla, SpaceX, and The Boring Company. In recent weeks, reports from Forbes show that Tesla stock posted steady gains every day and rose 7.3% to cross $800 per share for the first time since February. With over 55 Million followers, he is much of an influencer on Twitter. 

Many people know Elon Musk as a crypto influencer, and his tweets seem to be shaking the crypto world. He has a complex view of cryptocurrencies, and every time he tweets about it, the market reacts.

Elon Musk's influence on cryptocurrency

Whenever Elon Musk makes a post on Twitter, his followers are expecting something on cryptocurrency. It is undeniable that many millions of his followers are crypto fanatics, waiting for him to say something.

In 2014, Musk posted that bitcoin was 'probably a good thing.' It was then that rumors sprung, likening Elon Musk to Satoshi Nakamoto (pseudonym of the Bitcoin founder), and most people even claimed that he could be the founder of Bitcoin. 

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By 2019, Elon tweeted that he wants in on cryptocurrencies. He even announced that Tesla now... Read more