Elon Musk May Be the Creator of Bitcoin, a Former SpaceX Intern Theorizes Could the CEO of Tesla and SpaceX have created the biggest cryptocurrency as well?

By Stephen J. Bronner Edited by Dan Bova

Krisztian Bocsi | Getty Images

One of the key mysteries of Bitcoin -- which recently reached a jaw-dropping value of more than $9,000 -- is who exactly created the cryptocurrency. Satoshi Nakamoto is listed as the author of the original paper describing Bitcoin, but no actual person, or group, has come out to say they are Nakamoto.

Well, hold onto your hats, because Sahil Gupta, who says he was a software engineering intern at SpaceX, recently wrote a Medium post making a case that Satoshi Nakamoto is none other than Elon Musk.

Related: 11 Things You Need to Know About Bitcoin

What's Gupta's evidence for this claim? Nothing concrete, but his logic is relatively sound. The original 2008 Bitcoin paper was written by someone "with a deep understanding of economics and cryptography," which Gupta says Musk possesses. Musk is also a master of coding language C++, the language Bitcoin was written in, Gupta says.

"Experience aside, Elon is a self-taught polymath. He's repeatedly innovated across fields by reading books on a subject and applying the knowledge," Gupta writes. "It's how he built rockets, invented the Hyperloop (which he released to the world as a paper), and could have invented Bitcoin.

Gupta then points to this 2014 tweet from Musk as a possible coy confession that he created Bitcoin.

Related: 23 Weird Things We've Learned About Elon Musk

But, my favorite piece of Gupta's argument is this: "Would Elon choose a pseudonym that's an anagram for 'So a man took a shit?' Of course."

It's not much to go on, but it's certainly an interesting hypothesis. What do you think? Did Elon Musk create Bitcoin? Share your thoughts in the comments section.

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.

Side Hustle

This Couple Started a Side Hustle to Improve a 'Terribly Made' Bathroom Essential. Now the Business Earns More Than $3 Million a Year.

Michael Fine and Lisa Schulner-Fine launched lifestyle brand Quiet Town in 2016 and have been growing it ever since.

Social Media

With This LinkedIn Algorithm Change, Your Best Posts Could Reach New Readers for Months

It's one of many new features rolling out on the platform in 2024.

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.

Growing a Business

Founders Are Missing This One Investment — But It Could Be the Most Profitable One You Make

When founders are empowered with support, grounded in their vision and guided along their path, everything flourishes.

Business News

What's Open on Easter Sunday? Costco and Target Will Close, But One Major Retailer Will Be Open. Here's What To Know.

The stock market was closed for Good Friday on April 18. Here's what's closed for Easter Sunday, April 20.

Leadership

Here's What It Takes to Evolve From Hands-On Founder to Strategic CEO

Making the leap from founder to CEO requires more than just growth — it demands a shift in mindset.