Be a part of Our Telegram channel to remain updated on breaking information protection
Elon Musk’s $1 trillion Tesla pay deal has sparked a meme coin frenzy, with quite a few Musk-themed tokens flooding the market inside hours of its board approval.
New tokens akin to “TRILLIONS,” “Elon’s $1,” and “MUSK” launched throughout Solana, Ethereum, and BNB Chain, in accordance with DEXTools. A number of variations of TRILLIONS surged a whole lot of p.c after launch, with mixed buying and selling volumes topping $20 billion.
Most of the new cash plummeted quickly after launch as creators pulled liquidity in obvious exit scams.
Musk Will get Historic Compensation Bundle
Greater than 75% of Tesla shareholders agreed to present Musk, already the world’s wealthiest particular person, shares value nearly $1 trillion if the corporate achieves bold monetary and operational objectives over the following decade. If paid out, it might probably make him the world’s first trillionaire.
The compensation package deal will probably be damaged up into 12 tranches of Tesla shares, with one of many milestones being that Tesla’s market cap reaches $8.5 trillion within the coming years.
Tesla’s board and Musk emphasised that the compensation package deal is essential to retaining Musk’s management as the corporate transitions from electrical car producer to an AI/robotics agency.
That $8.5 trillion capitalization purpose is over six instances greater than the corporate’s present market cap of round $1.4 trillion, in accordance with Google Finance.
Tesla share worth (Supply: Google Finance)
Tesla’s inventory fell greater than 3% yesterday, however is up greater than 1% in pre-market buying and selling.
Elon Musk Continuously Impacts Meme Coin Buying and selling
Elon Musk’s affect on meme cash just isn’t new. The billionaire has for years helped form market sentiment together with his feedback, tweets, and company strikes.
Nicknamed the “DOGE-Father,” Musk helped propel Dogecoin to mainstream fame together with his frequent mentions.
Extra just lately, he’s shifted his focus towards Bitcoin, with each Tesla and SpaceX holding the crypto as a part of their treasury methods.
Tesla ranks because the Twelfth-largest company holder with 11,509 BTC value about $1.16 billion at present costs, giving the corporate greater than a 200% unrealized achieve, in accordance with Bitcoin Treasuries.
Tesla BTC holdings (Supply: Bitcoin Treasuries)
Musk continues to champion Bitcoin’s ideas. On The Joe Rogan Expertise, he revealed that X Chat, a brand new encrypted messaging system for his social media platform X, makes use of a peer-to-peer framework that’s “type of just like Bitcoin.”
Final month, he posted that Bitcoin’s basis in vitality makes it “uniquely reliable” in comparison with fiat cash, later replying with the “100” emoji to a consumer who stated Dogecoin shares that very same high quality.
True.
That’s the reason Bitcoin relies on vitality: you’ll be able to problem faux fiat foreign money, and each authorities in historical past has finished so, however it’s not possible to faux vitality.
— Elon Musk (@elonmusk) October 14, 2025
Associated Articles:
Finest Pockets – Diversify Your Crypto Portfolio
Straightforward to Use, Characteristic-Pushed Crypto Pockets
Get Early Entry to Upcoming Token ICOs
Multi-Chain, Multi-Pockets, Non-Custodial
Now On App Retailer, Google Play
Stake To Earn Native Token $BEST
250,000+ Month-to-month Energetic Customers
Be a part of Our Telegram channel to remain updated on breaking information protection
