Elon Musk Says He’ll Pay 1 Million Dogecoin to Anyone Who Can Prove a Particular Rumor About Him Is True

Musk has denied that his father was involved with an emerald mine in Africa when he was young.

By Emily Rella Apr 14, 2023
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Elon Musk is at it again, promoting Dogecoin via Twitter, even though his legal team is seeking to dismiss a lawsuit against the billionaire that accuses him of using his influence to raise and drop the valuation of the cryptocurrency for his own gain.

But this time, Musk is offering to give the coin away — one million of them.

There have been reports from outlets, such as The New Yorker, that Musk’s father, Errol Musk, purchased shares in an emerald mine in South Africa when Elon was a child.

Related: Elon Musk Changes Twitter’s Logo to a Meme Amid Dogecoin Lawsuit

In a 2018 interview with Insider, Errol Musk stated that he owned a 50% share of a Zambian emerald mine, and the stones that churned out of it landed the family with “so much money at times we couldn’t even close our safe.”

Errol’s son Elon, however, is adamant that these claims are false and is now offering to pay anyone who can provide proof.

Elon Musk never owned an emerald mine,” An Elon and Dogecoin fan Twitter account wrote. “An open offer of 69.420 Doge to all the media outlets who are publishing false information. Send me proof of its existence & take your doge.”

RELATED: Who Is Elon Musk’s Dad, Errol Musk?

As of Friday afternoon, a million in Dogecoin would amount to just under $85,000.

Elon’s love of the coin took a turn last week when he changed Twitter’s infamous blue bird symbol to a photo of the Doge meme, a Shiba Inu dog.

It is unclear when Musk quietly changed the symbol back, but Twitter was showcasing its regular bird icon as of Friday afternoon.

Elon Musk is at it again, promoting Dogecoin via Twitter, even though his legal team is seeking to dismiss a lawsuit against the billionaire that accuses him of using his influence to raise and drop the valuation of the cryptocurrency for his own gain.

But this time, Musk is offering to give the coin away — one million of them.

There have been reports from outlets, such as The New Yorker, that Musk’s father, Errol Musk, purchased shares in an emerald mine in South Africa when Elon was a child.

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Emily Rella

Senior News Writer
Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

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