What Cryptocurrency Does Elon Musk Own in 2025? Verified Coins, Rumors, and Timeline

Elon Musk is a technology entrepreneur best known for leading Tesla and SpaceX. He has publicly said he personally owns Bitcoin, Ethereum, and Dogecoin, but has never shared wallet addresses or amounts.

• Short answer: The only publicly confirmed Elon Musk cryptocurrency holdings are Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).
• No one knows his amounts or wallets. He has never posted an address.
• Don’t mix personal holdings with company holdings: Tesla and SpaceX handled Bitcoin; Musk says he also holds DOGE personally.
• Rumors about other coins (like SHIB) have been denied by Musk.
• Evidence to rely on: on-record statements, event transcripts, court filings, and company financial reports.

The quick answer: what Elon Musk has said he owns

Musk has stated multiple times since 2021 that he personally holds three coins: Bitcoin, Ethereum, and Dogecoin. He said this during a live session at The B Word event in July 2021, repeated it on Twitter/X the same year (“I own BTC, ETH and DOGE”), and has pushed back on rumors about other tokens. He has never shared how much of each he owns.

Bitcoin is a decentralized digital currency launched in 2009 with a supply cap of 21 million, secured by proof-of-work (SHA‑256) and a typical 10‑minute block time.

Ethereum is a smart-contract blockchain launched in 2015 that migrated to proof‑of‑stake in 2022 (the Merge), targets ~12‑second blocks, and supports a large ecosystem of apps and tokens.

Dogecoin is a meme-origin cryptocurrency launched in 2013, using Scrypt-based proof‑of‑work (merged-mined with Litecoin), 1‑minute blocks, and an uncapped supply with ~5 billion new DOGE issued annually.

What’s confirmed vs. what’s just rumor

It’s easy to get lost in screenshots and memes, so let’s separate signals from noise.

• Confirmed by Musk: He owns BTC, ETH, DOGE. He has said this in 2021 on stage, in posts, and has never walked it back.
• Denied by Musk: Coins like SHIB. He posted in 2021 that he doesn’t own Shiba Inu.
• Unknown: Any wallet address or exact amounts. No on-chain identity has been verified as his.
• Not evidence: Random wallet guesses, clickbait YouTube thumbnails, and impersonator accounts.

Shiba Inu is a token launched in 2020 on Ethereum that became popular during the 2021 meme-coin wave. Musk has publicly said he does not own it.

Personal vs. corporate: don’t mix them up

People often confuse Musk’s personal coins with what his companies did. Different buckets, different decisions.

Tesla is an electric vehicle and energy company that disclosed buying $1.5 billion of Bitcoin in early 2021. It sold about 75% in Q2 2022 and has reported a remaining digital asset balance (around $184 million in late 2023 filings). Tesla has accepted Dogecoin for some merchandise since 2022.

SpaceX is a space exploration company reportedly holding Bitcoin on its balance sheet; 2023 media reports said SpaceX marked down and sold some BTC, but exact amounts and timing were not fully disclosed.

X is the social platform formerly known as Twitter. It has pursued money transmitter licenses and rolled out peer‑to‑peer payments in phases, but as of 2025 there is no public, live crypto payments feature.

The key takeaway: Tesla and SpaceX activity mainly involves Bitcoin held at the company level. Musk’s personal statements add Ethereum and Dogecoin, which are separate from corporate balance sheets. Company financials are audited and show book values; personal holdings are private unless he chooses to disclose more.

Why Dogecoin keeps coming up when Musk talks about crypto

Musk has joked about Dogecoin for years, but he’s also helped it gain utility. In 2022, Tesla started accepting DOGE for select merch. The Boring Company’s Las Vegas Loop allowed DOGE payments via a processor in 2022. These are small but real payment use cases tied to his ecosystem.

The Boring Company is an infrastructure firm founded in 2016 that built the Vegas Loop; it has accepted Dogecoin for some rides and merchandise via crypto payment processors.

BitPay is a crypto payments processor founded in 2011 that supports merchant acceptance of coins like Bitcoin and Dogecoin.

There’s also a governance angle. In 2021, the Dogecoin Foundation’s relaunch listed an advisor representing Musk (Jared Birchall) to help with stewardship and direction. That doesn’t give Musk control of Dogecoin-it’s open-source and decentralized-but it shows active interest.

Dogecoin Foundation is a nonprofit supporting Dogecoin’s development and ecosystem; it relaunched in 2021, naming advisors including a representative of Elon Musk.

Proof it’s not just talk: events and filings that matter

When sifting through claims, stick to verifiable records:

• The B Word (July 2021): Musk said he owns BTC, ETH, DOGE and that Tesla/SpaceX hold BTC.
• Tesla filings (2021-2024): 10‑K and 10‑Q notes detail digital assets, impairments, and sales.
• Court documents (2022-2025): In litigation around Dogecoin, filings reference his public statements; a U.S. judge trimmed some claims in 2024, and parts of the case continued.
• Official company communications: Earnings calls and investor decks sometimes mention digital asset positions or payment pilots.

The B Word was a 2021 Bitcoin-focused event featuring Elon Musk, Jack Dorsey, and Cathie Wood, where Musk confirmed personal holdings of BTC, ETH, and DOGE.

U.S. Securities and Exchange Commission (SEC) is the market regulator that enforces disclosure rules for public companies; Tesla’s BTC moves appear in its SEC filings, while Musk’s personal crypto does not require public disclosure.

BTC vs. ETH vs. DOGE: how the three coins Musk named actually differ

How to verify claims about Musk’s crypto (and spot red flags)

If you see a headline or a viral post, run this quick check:

1. Source: Is it an on-record quote, an official filing, or a court document? If not, be skeptical.
2. Wallet proof: Without a signed message or a direct on-chain link from a verified account, claimed wallets are just guesses.
3. Date context: A 2021 quote may not reflect 2025 decisions. Make sure the claim fits the current timeline.
4. Corporate vs personal: If it mentions Tesla or SpaceX, that’s not the same as Musk personally.
5. Too-good-to-be-true promos: Scams love using his image. Ignore “giveaway” or “double your crypto” offers.

Timeline cheat sheet: 2021-2025

• Early 2021: Tesla buys $1.5B in BTC. Musk says he owns BTC, ETH, DOGE personally.
• Mid 2021: The B Word event confirms those personal holdings.
• Q2 2022: Tesla sells ~75% of its BTC; still holds some after.
• 2022: Tesla merch starts accepting DOGE; The Boring Company tests DOGE payments in Vegas.
• 2023: Reports say SpaceX marked down/sold some BTC; details remain murky.
• 2024: A judge narrows but lets parts of a Dogecoin-related lawsuit proceed; Tesla filings show a remaining digital asset balance.
• 2025: Musk hasn’t added new coins publicly. X focuses on rolling out fiat P2P payments; no public crypto payments launch yet.

What this means if you’re an investor (not advice, just common sense)

Celebrity mentions can move prices fast, especially for DOGE and other meme coins. That momentum cuts both ways. If you trade on headlines, set rules for entry, exit, and risk. If you invest, focus on fundamentals: supply, security model, developer activity, and real usage. And remember: even if Musk likes DOGE, that doesn’t guarantee lasting returns.

Related concepts you might want to explore next

• Proof‑of‑Work vs. Proof‑of‑Stake: How Bitcoin and Ethereum secure their networks.
• Corporate treasury and Bitcoin: Why firms bought BTC, then sold or held through cycles.
• Meme coins and market microstructure: Liquidity, slippage, and retail herd behavior.
• Disclosure rules: What public companies must report about digital assets-versus what individuals can keep private.

Key entities at a glance (quick definitions)

Cathie Wood is an investment manager known for ARK Invest; she joined Musk and Jack Dorsey at The B Word discussing Bitcoin’s role for companies and energy.

Jack Dorsey is the cofounder of Twitter and founder of Block (formerly Square); he appeared with Musk at The B Word in 2021 to discuss Bitcoin’s future.

Block is a financial technology company focused on payments and Bitcoin initiatives, providing a corporate counterpoint to Tesla’s different BTC approach.

Next steps

• Want the exact truth? Rely on Musk’s on-record quotes, Tesla filings, and court documents-not rumors.
• Curious about the three coins? Read original docs: Bitcoin’s whitepaper, Ethereum’s post‑Merge roadmap, and Dogecoin’s dev updates.
• Evaluating risk? Check supply mechanics, volatility, and real adoption before you act.

Frequently Asked Questions

Which cryptocurrencies has Elon Musk publicly said he owns?

He has said he owns Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE). He has not revealed amounts or shared any wallet addresses. These statements date back to 2021 and have not been retracted.

Does Elon Musk own Shiba Inu (SHIB) or other meme tokens?

He has said he does not own SHIB. Beyond BTC, ETH, and DOGE, he has not confirmed any other coins. Claims about his ownership of other tokens usually trace back to fake accounts or misread screenshots.

How do we know Musk still owns those coins in 2025?

We only know what he has said on record. There is no requirement for him to disclose personal crypto, and no verified wallet addresses exist. Until he updates the public, the most accurate statement is: he has said he holds BTC, ETH, and DOGE; current amounts are unknown.

What about Tesla’s Bitcoin-does that mean Musk owns the same amount personally?

No. Corporate holdings are separate from personal holdings. Tesla’s BTC appears in its SEC filings, was bought in 2021, and partially sold in 2022. Whatever Tesla or SpaceX hold doesn’t reveal Musk’s personal balances.

Did SpaceX really buy and sell Bitcoin?

Media reports in 2023 said SpaceX held and marked down Bitcoin and sold some. SpaceX is private, so we get fewer disclosures than Tesla. The reports align with Musk’s earlier statement that SpaceX held BTC, but exact amounts and timing aren’t public.

Is Elon Musk involved in running Dogecoin?

Dogecoin is open-source and decentralized; no one person runs it. The Dogecoin Foundation listed an advisor representing Musk in 2021, but that’s advisory, not control. Developers and the community steer the project through open processes.

Will X add Dogecoin or Bitcoin payments?

X has been rolling out peer‑to‑peer fiat payments after getting money licenses. Musk has hinted at broader features, but as of 2025 there is no public launch of crypto payments. If that changes, expect an official announcement on X first.

Can Dogecoin hit $1 just because Musk talks about it?

Mentions can spark rallies, but long-term price depends on adoption, developer progress, and market cycles. Dogecoin’s inflation (~5B new coins per year) also matters. Treat celebrity-driven spikes as high-risk and plan your entries and exits.

Where can I see proof of Tesla’s Bitcoin?

In Tesla’s SEC filings (10‑K and 10‑Q). They show digital asset balances, impairments, and sale details. Just remember: those filings reflect Tesla the company, not Musk’s personal wallets.

How do I avoid scams using Elon Musk’s name?

Ignore giveaways and “send 1 BTC, get 2 back” claims. Check the blue check isn’t a look‑alike username. Assume any wallet “leak” is fake unless it’s posted by a verified account with cryptographic proof. When in doubt, don’t send funds.