Elon Musk Offers 1 Million Dogecoins for Emerald Mine Ownership Proof

Elon Musk, the billionaire founder of SpaceX and Tesla, recently made a bizarre offer. He is offering one million Dogecoins (about $84,000) to anyone who can prove that he or his family ever owned an emerald mine.

News.com.au tells us that this offer was made in response to persistent rumors that his father, Errol Musk, was interested in an emerald mine.

Elon, on the other hand, has denied this claim, claiming that he worked his way through college and ended up with a $100,000 debt.

Emerald Mine Dogecoin Bounty

Musk was born in South Africa into an upper-middle-class family; his mother was a model and dietitian, and his father worked as an engineer and property developer, among other things. Musk has stated that, contrary to popular belief, his father did not own an emerald mine.

Musk offered a bounty of one million Dogecoins in response to a tweet from DogeDesigner, who offered 69.420 Dogecoins to any media outlet that could prove the existence of the emerald mine.

This has sparked interest on social media, with many people wondering where the rumor originated.

Is Elon Musk a Gem Mine Nepo Baby?

According to a report in the New Yorker, Errol Musk, Elon's father, had an interest in an emerald mine. The article suggests that this connection to the gemstone industry may have influenced Elon's business interests.

Despite this, some evidence suggests that Elon's family had connections to the emerald mining industry. In a 2014 interview with Forbes, Musk stated that his father owned a share in an emerald mine in Zambia. While the article in question is no longer available on the Forbes website, it has been archived and is widely circulated online.

Musk has repeatedly denied these allegations. In 2019, the billionaire wrote: "He [Errol] didn't own an emerald mine & I worked my way through college, ending up ~$100k in student debt. I couldn't even afford a 2nd PC at Zip2, so programmed at night & website only worked during day. Where is this bs coming from?"

Elon Musk and Dogecoin

Musk's net worth is estimated at around $188 billion, making the offer of one million Dogecoins a pittance. However, it is interesting to see him use Dogecoin as a payment method once more.

In a few instances, the billionaire has shown an unrivaled interest in the meme-inspired digital currency. For example, Musk announced in May 2021 that he would launch a SpaceX rocket dubbed "Doge-1" entirely funded by cryptocurrency.

As if that was not enough, Tesla announced in January 2022 that it would accept Dogecoin as payment. The billionaire went so far as to challenge fast-food giant McDonald's to accept the digital coin.

Up 5.74%, Dogecoin is currently worth $0.08689.

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