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

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."

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.

Related: The Man Behind This Hilarious 2012 Meme Just Sold It as an NFT for $36,000

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

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.

Editor's Pick

Most Popular

See all
Productivity

6 Habits That Help Successful People Maximize Their Time

There aren't enough hours in the day, but these tips will make them feel slightly more productive.

By Blake Johnson
Side Hustle

'Revenue Within Days': A Teenager's Side Hustle Grew Out of a Video Game Virus — and Into a Multi-Hundred-Million-Dollar Business

Now 35, Marcin Kleczynski is a Bay Area-based founder who's continuing to scale.

By Amanda Breen
Franchise

Thinking About Scaling From a Single Unit to Multi-Unit Ownership? Here's What You Need to Know.

Scaling from a single franchise location to multiple units demands new systems, deeper trust and a shift in how you lead.

By Gigi Schweikert
Resumes & Interviewing

LoopCV Applies to the Perfect Jobs for You Every Day — and It's Now Less Than $30

Apply for jobs and email recruiters with the click of a button.

By Entrepreneur Store
Growing a Business

Can't Get an Email Back? These 7 Tips Will Make Sure You Get a Response Every Time

Whether you're trying to get someone to email you back, slide out of the DM void or simply have a real human moment amid all the noise, these tips will get people to actually respond.

By Tonia Ryan
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

By Eve Gumpel