Ending Soon! Save 33% on All Access

It Was Fun for a While, But Elon Musk Denies Theory He Created Bitcoin And he did so in true Elon Musk fashion.

By Stephen J. Bronner Edited by Dan Bova

Mark Brake | Getty Images

In case you believe that Elon Musk invented Bitcoin, the world-changing cryptocurrency that today is approaching a value of $10,000, it's time to put the brakes on your Roadster.

A few days ago, a man who says he is a former SpaceX intern wrote a Medium post in which he hypothesized that Bitcoin creator Satoshi Nakamoto is actually Musk, citing that the SpaceX and Tesla CEO "is a self-taught polymath."

Related: Elon Musk May Be the Creator of Bitcoin, a Former SpaceX Intern Theorizes

But, Musk apparently didn't want to let this rumor percolate. He took to Twitter Monday night to debunk the conspiracy.

Case closed. It seems the only "mining" Musk has been doing is for tunnels to minimize traffic.

Stephen J. Bronner

Entrepreneur Staff

News Director

Stephen J. Bronner writes mostly about packaged foods. His weekly column is The Digest. He is very much on top of his email.

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

Business News

Target Is Lowering Prices on Thousands of Items — Here's Where You Can Expect to Save

The news was announced ahead of Target's Q1 2024 earnings call, expected to occur Wednesday at 10 a.m. EST.

Business News

Kickstarter Is Opening Up Its Platform to Creators and Making Big Changes to Its Model — Here's What's New

The company noted it is moving beyond traditional crowdfunding and making it easier for businesses to raise more money.

Franchise

Know The Franchise Ownership Costs Before You Leap

From initial investments to royalty fees to legal costs, take stock of these numbers before it's too late.

Business Culture

The Psychological Impact of Recognition on Employee Motivation and Engagement — 3 Key Insights for Leaders

By embedding strategic recognition into their core practices, companies can significantly elevate employee motivation, enhance productivity and cultivate a workplace culture that champions engagement and loyalty.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.