Musk Says He’s a Bitcoin ‘Supporter,’ Buffeting Price Again

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Elon Musk
Photographer: Liesa Johannssen-Koppitz/Bloomberg

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By Eric Lam (News) and Gearoid Reidy

February 1, 2021 at 5:17 AM UTC

Updated on

February 1, 2021 at 8:13 AM UTC

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Elon Musk once again sent ripples through the price of Bitcoin after declaring that he’s a supporter of the largest cryptocurrency.

Speaking on social audio app Clubhouse, the billionaire said at this point he thinks “Bitcoin is a good thing,” adding he’s “late to the party” and should have bought the cryptocurrency eight years ago.