08 Oct 2021 2:21 PM +00:00

Shiba Inu Coin Elon Musk: Does Elon Musk Own Any SHIB?

Elon Musk is one of the most prominent individuals in the crypto space, with many looking to him for inspiration, but does he own any Shiba Inu Coin (SHIB)?

Musk is more known for his Dogecoin support - the original memecoin that inspired SHIB. However, SHIB holders thanked the Tesla CEO earlier this week after he posted an image of his new Shiba Inu puppy on Twitter - a potential catalyst for SHIB's price spike of over 200%.

Here's a look at whether Elon Musk is a SHIB hodler.

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Does Elon Musk Own Any Shiba Inu Coin?

Elon Musk has never said publicly that he owns any Shiba Inu Coin. Musk confirmed at The B Word event in July that he owns Bitcoin (BTC), Dogecoin (DOGE) and Ethereum (ETH), further explaining he holds far more BTC than DOGE or ETH.

While Musk's holdings may have changed since July, or he follows the security advice that recommends individuals do not disclose what assets they hold, we must take this statement as the most up-to-date information about his holdings, which do not include SHIB.

In fact, Musk has never tweeted about SHIB specifically, with all of his Shiba Inu-related tweets more likely reflecting Dogecoin.

Users attempting to find if Musk has a SHIB address will quickly find themselves disappointed. While all addresses and transactions are public information, the owner of each address is not. With nearly 700,000 addresses holding SHIB, finding - or guessing - one owned by Musk would be near impossible.

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