He then publicly said via meme-of-the-week video app Clubhouse that Bitcoin was about to break into mainstream finance. He then invested his personal fortune into SpaceX. Musk has praised Bitcoin to his 46.5 million Twitter followers in the past, but late last month sent its value up more than 20 per cent by changing his Twitter user name to “#bitcoin”. Musk made his first fortune with the company Zip2, founded with his brother, and then PayPal, co-founded with Peter Thiel. This raised eyebrows with commentators, regulators and currency watchers alike, because Musk had recently been whipping his followers into a frenzy with pro-cryptocurrency tweets and memes that sent Bitcoin’s value solidly up, but it was not clear when Tesla actually made the purchase. This week Tesla revealed it had bought an enormous stockpile of Bitcoin - almost $2 billion worth - and that it would be accepting Bitcoin as a payment method.

This fleetingly earned him the nickname “Space Karen” on Twitter. Of course, anything boring is terrible, especially companies, so we decided to send something unusual, something that made us feel. He also refused to comply with COVID-19 restrictions at Tesla’s manufacturing plant in California, while also spreading dangerous misinformation about the virus online and questioning the effectiveness of testing. Last year he appeared to be critical of gender non-binary identities, and flirted with far-right ideologies by invoking the “red pill” metaphor hijacked from The Matrix by misogynists and conspiracy theorists. Some transgressions have been much more serious than viral idiocy.

Elon musk paypal vs spacex meme