Breaking: Elon Musk Eyeing XRP (Ripple)? Fact-Checking the Crypto Rumor Mill
Rumors are swirling—again—about Elon Musk's next big crypto play. This time, XRP (Ripple) is in the crosshairs. But is there any truth to the hype?
Let’s cut through the noise.
The Musk Effect: Pump First, Ask Questions Later
One cryptic tweet from the world’s richest chaos agent can send prices soaring—or cratering. XRP holders are praying for the former.
Why XRP? (Or More Accurately, Why Not?)
Musk’s flirtations with crypto are well-documented: Bitcoin, Dogecoin, even that bizarre Boring Company token meme. Adding XRP to his portfolio wouldn’t shock anyone—except maybe the SEC.
The Cold Hard Truth
Zero credible evidence suggests Musk is buying XRP. But since when has that stopped crypto traders from front-running a narrative?
Wake us up when he actually files the paperwork—or drops another moon emoji.
Is Elon Musk planning an investment in Ripple’s XRP? A recent viral post has claimed that the billionaire is set to invest $104 billion into the cryptocurrency. The post even shared a headline that read: “Elon Musk Joins Ripple Partnership, Injects $104B into XRP.”
BREAKING: Rumors are swirling that Elon Musk may be preparing to invest $104 billion into $XRP, with speculation about a potential partnership with Ripple to power payments for X (formerly Twitter), "The Everything App."
TIME IS RUNNING OUT — A major 20% burn of XRPL-based… pic.twitter.com/NAf0KOyXbp
The attached news report says that Musk sees XRP as fast, efficient, and not a security. He also sees Ripple as a strong partner in in tackling regulatory challenges across the industry.
Just weeks ago, the same account made comments that Musk was ready to spend $50 billion on XRP. It also added that Musk believes XRP could hit a massive $600.37 per coin. But there was no evidence or official confirmation to back it up. Perplexity AI claimed that the $50 billion rumor wasn’t true. The latest rumor boasts an even larger figure of $104 million.
BREAKING: Elon musk OFFERS to BUY XRP for $50 BILLION!! $600.37 PER XRP pic.twitter.com/4xeMtTxWZo
However, there is no confirmation about the same from any officials. Hence, the rumour should not be taken seriously until Musk or other officials confirm it.
Rumored XRP Tweet from Musk Raises Questions
Earlier this year, rumors circulated that Musk had briefly posted, “#XRP is looking quite promising,” before deleting it just seconds later. The claim had also sparked excitement, with many citing his previous interest in Dogecoin and Bitcoin as a possible sign he could now be turning his attention to XRP. However, no screenshots have surfaced to prove the tweet existed.
