Elon Musk: None of My Companies Will Issue 'Crypto Tokens'

It appears X, Tesla, SpaceX, Neuralink, and xAI won't be issuing their own cryptocurrency anytime soon. Announced on X late last week, Elon Musk has declared that none of his companies will be launching a cryptocurrency token, in a move that underscores a shift in the tech industry's attitude toward competing with Bitcoin as a digital currency.