The founder of Tesla and SpaceX said that he bought Dogecoin cryptocurrency for his youngest son.
— Elon Musk (@elonmusk) February 10, 2021
“I got some Dogecoin for X to be a baby hodler,” Musk wrote.
X Æ A-12 (reads “Ex Ash A-Twelv”) – the son of Elon Musk from the Canadian singer Grimes – was born in May 2020.
In early February, Dogecoin gained almost 50% in price less than an hour after the publication of a series of tweets by Elon Musk. The businessman has repeatedly confessed his sympathy for the coin.
Earlier billionaire Mark Cuban also bought Dogecoin for his 11-year-old son for educational purposes.

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