The 5 Elon Musk Tweets That Rocked the Crypto World This Year The billionaire certainly did not hold back this year when it came to his hot takes and cheeky memes.

By Emily Rella

Opinions expressed by Entrepreneur contributors are their own.

Britta Pedersen-Pool/Getty Images
Britta Pedersen-Pool/Getty Images

It was a year of Tweeting seemingly nonsense from Tesla CEO and billionaire Elon Musk, who often sent the internet into a frenzy with his contentious takes and memes.

But to the dismay (or perhaps pleasure) of many, Musk's social media antics had real life consequences.

Specifically within the realm of cryptocurrency, the billionaire's hot takes often sent valuation of certain coins or stocks plummeting or skyrocketing, depending on what mood he seemed to be in.

Here were 5 of Musk's Tweets this year that shook the market.

Many attributed Musk's Tweet from February to Bitcoin dropping nearly 10% to below $53,000 in valuation.

Musk took this hot take following up a Tweet about how he currently was holding no Shiba Inu Coin. As a result, Shiba plummeted nearly 7%.

This cheeky meme was more than just a joke the billionaire played on Twitter. He followed the Doge inspired photo with "Dogecoin is the people's crypto" and "No highs, no lows, only Doge." The crypto coin skyrocketed nearly 50% following his Tweets.

This adorable photo of Musk's Shiba Inu dog, Floki, may have seemed like just a quick snap of a beloved pet, but crypto traders thought there was a hidden message about the namesake coin inferred. Over the seven days following this post, the valuation of Shiba jumped nearly 65%.

Musk shook Tesla lovers and crypto fans when he announced that his company would no lon ger be accpeting payment in Bitcoin due to environmental concerns. Valuation of the coin plummeted nearly 14%.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

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

Branding

How to Build a Strong Brand Identity for Your Early-Stage Startup

Branding might not be your first priority, but neglecting it can hurt your startup. A strong brand identity early on sets the stage for marketing success.

Science & Technology

From Data to Destiny — How AI Can Turbocharge Your Business Future

Are you ready to embrace the power of AI with trusted data? Let's transform challenges into opportunities and propel your business into the future.

Business News

'Everyone Can Profit From It': What Is DeepSeek? China's 'Cheap' to Make AI Chatbot Climbs to the Top of Apple, Google U.S. App Stores

DeepSeek researchers claim it was developed for less than $6 million, a contrast to the $100 million it takes U.S. tech startups to create AI.

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.

Innovation

5 Ways to Improve Your Chances of Getting Patents

Turning innovation into patents? It can be an uphill battle. Check out these five effective strategies to improve your odds of success!

Franchise

Setting the Standard — When Disaster Strikes, This Top Franchise Is Making a Difference

Servpro's success is built on a foundation of expertise, technology, and a commitment to helping franchisees thrive.