Tesla CEO Elon Musk said he will continue “supporting Doge wherever possible” in reaction to the news that The Boring Company is now accepting Dogecoin as payment for a ride.
Elon Musk has been a backer of Dogecoin ever since he stated in April 2019 that the meme coin was his favorite cryptocurrency. He has since been a strong supporter of Dogecoin, tweeting about everything from having SpaceX put a “literal Dogecoin on the literal moon” to mining the meme token with his children.
In the weeks leading up to Musk’s appearance on “Saturday Night Live,” Dogecoin reached its all-time high in May 2021. Today, the CEO of SpaceX is still a fervent backer of Dogecoin.
As previously reported by U.Today, Elon Musk stated he will continue to support Dogecoin and gave a unique reason for this: “I just know a lot of people who are not that wealthy who, you know, have encouraged me to buy and support Dogecoin. I’m responding to those people.”
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