Elon Musk Changes Tune, Turns Down $1 Million Offer for Catchy NFT Song Tesla's 'Technoking' switched gears after putting up a tweet of a catchy song for sale on Monday.

By Justin Chan • Mar 17, 2021

SpaceX CEO and self-proclaimed Tesla "Technoking" Elon Musk has backtracked from his desire to sell one of his tweets as a non-fungible token (NFT) for $1.1 million.

On Monday, Musk announced on Twitter that he would sell a song about NFTs as an NFT. The approximately two-minute song features a catchy electronic beat and a video of a revolving statuette. A female voice can be heard in the background saying, "NFT, for your vanity. Computers never sleep. It is verified. It is guaranteed."

I'm selling this song about NFTs as an NFT pic.twitter.com/B4EZLlesPx
— Elon Musk (@elonmusk) March 15, 2021

The song was auctioned on Valuables, where Bridge Oracle Sina Estavi offered a whopping $1.1 million. Estavi had similarly bid $2.5 million for Twitter CEO Jack Dorsey's very first tweet.

By Tuesday night, however, Musk appeared to have a change of heart. "Actually, doesn't feel quite right selling this," he tweeted. "Will pass."

Actually, doesn't feel quite right selling this. Will pass.
— Elon Musk (@elonmusk) March 16, 2021

Non-fungible tokens are digital assets that exist on a blockchain. Althought they cannot be exchanged for a good or service, many people — including public figures — have recently jumped on the NFT craze. Over the weekend, for example, Tampa Bay Buccaneer Rob Gronkowski auctioned a collection of his most memorable Super Bowl celebrations as an NFT series. It netted him $1.75 million.

Justin Chan

Entrepreneur Staff

News Writer

Justin Chan is a news writer at Entrepreneur.com. Previously, he was a trending news editor at Verizon Media, where he covered entrepreneurship, lifestyle, pop culture, and tech. He was also an assistant web editor at Architectural Record, where he wrote on architecture, travel, and design. Chan has additionally written for Forbes, Reader's Digest, Time Out New York, HuffPost, Complex, and Mic. He is a 2013 graduate of Columbia Journalism School, where he studied magazine journalism. Follow him on Twitter at @jchan1109.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Most Popular

See all

Career

Jobs Are Disappearing — These 3 Strategies Are What You Need to Future-Proof Your Career

Adopting tech tools for professional development, combined with boosting soft skills and staying tech-savvy, offers a path to becoming an invaluable asset in a tech-driven future.

By Dr. Dave Bolman

Business News

Is It an iPad or a MacBook? Apple Makes It Tough to Tell By Revealing a 13-Inch iPad Pro With 'Outrageously Powerful' M4 Chip for AI

The new iPad keyboard has a function row and larger trackpad "so the entire experience feels just like using a MacBook," said John Ternus, Apple senior vice president of hardware engineering, at Apple's first event of 2024.

By Sherin Shibu