Does SpaceX Have Its Own Cryptocurrency? SpaceX Token Explained
SpaceX founder and CEO Elon Musk has long been a crypto proponent, but none of the companies he heads, including Tesla, SpaceX, and The Boring Company, have issued official cryptocurrencies. Musk's affinity for cryptocurrencies is well-known, and he's spoken at length about various investments in digital assets. Aside from Musk's personal investments in the sector, both Tesla and SpaceX also hold massive amounts of Bitcoin.
Despite owning Bitcoin, Musk has recently been critical of the world's largest cryptocurrency for its negative impact on the environment. The Doge meme coin is also a favorite, with Tesla even accepting the coin as payment for official merchandise on the company's website. More recently, Tesla also announced that it would accept Dogecoin as payment at Supercharging stations, further establishing the company's crypto credentials.
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Due to Musk's public support for cryptocurrencies, it stands to reason that some may believe that either Musk or one of his companies, has an official cryptocurrency. However, that's not the case. While neither Musk, nor any of the companies have an official cryptocurrency, there are a number of digital tokens named SpaceX, Starlink, Musk, and Tesla. To be clear, none of them have anything to do with the billionaire businessman or the companies he's associated with. Instead, all are part of the so-called 'MuskSwap' ecosystem, which is operated by self-described Musk fans who claim to be interested in and support Elon Musk's space projects. According to Bitcoinist last year, MuskSwap is a DeFi platform built on Binance Smart Chain, and offers the best features of other DeFi projects like
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