Elon Musk’s venerable father, Mr. Errol Musk, has now joined the amusing cavalcade of meme coins with his involvement in a venture delightfully named “Musk It.” Pray, one cannot help but chuckle at the absurdity! 😄
Musk It, as one might delightfully observe, is a Solana-based meme coin. The elder Mr. Musk harbors the lofty and indeed grand ambition of garnering no less than $150-$200 million to establish a think tank, the Musk Institute. How splendidly audacious! 😅
Errol Musk Endorses Meme Coin
Errol Musk has proclaimed his engagement with a Solana-rooted meme coin, Musk It (MUSKIT). His aspirations include raising a sum between $150 and $200 million to patronize a for-profit think tank, the Musk Institute. In a recent convocation, Errol, appearing quite unbothered by those who suggest that the meme coin rides on the coattails of his son’s prestige, boldly declared,
“I’m the head of the family. It truly initiated with me in our lineage—I’ve been ‘Musking It’ for epochs.”
Musk It had its rather dubious inception in December 2024, in a pump-and-dump escapade by some Middle Eastern enterprise, with its value plummeting rather dramatically post-launch. However, upon receiving the endorsement of Errol and his technologist accomplice Nathan Browne, its worth amusingly surged to a peak of $0.09. Mr. Browne, setting conditions before embarking upon this venture, insisted that it must not become another pump-and-dump affair. Yet, the coin’s financial infrastructure and tokenomics remain as elusive and mysterious as a country dance at midnight. 💃
Despite the notorious volatility of meme coins, the elder Musk insists upon the token’s noble purpose: financing the Musk Institute. His vision for the Institute includes fantastical engineering endeavors such as flying carriages. While his illustrious offspring has devoted his existence to advancing rocket technology, envisioning mankind as interplanetary voyagers, Errol opines that rockets are merely the beginning. 🚀
“Rockets, you see, are but the starting chapter. We must venture beyond their limits.”
A Complex Familial Tie
Though Errol’s meme token bears the revered Musk name, young Elon remains entirely uninvolved with the initiative. Their familial dynamic, as described by Errol’s biographer, suggests a rather enigmatic and challenging relationship. Errol, dubbed a “charismatic fantasist,” has reportedly caused Elon no end of vexation. Their bond has deteriorated over time with Elon asserting that his father has committed almost every misdeed imaginable. Errol, ever the charismatic defender, has refuted such claims and even hinted that Elon himself expressed curiosity about Musk It after perusing the media dispatches. 📰
Elon Musk and Meme Coins
Elon Musk is certainly no stranger to the realm of meme coins. Yet, interestingly, he has never embarked on launching one under his own illustrious name. His association with Dogecoin (DOGE) is well-known, including the integration of DOGE payments into Tesla’s online emporium. Despite his extensive connection with DOGE, young Musk has staunchly refused to mint a token bearing his own moniker, a stark contrast to many other celebrities and even the esteemed US President Donald Trump.
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2025-02-01 20:03