A resurfaced video of Elon Musk discussing cryptocurrencies like Bitcoin and Dogecoin is making the rounds on X again.
The clip is from a 2024 podcast interview and was recently shared by Bitcoin advocate Jack Carroll. In it, Musk warns investors not to blindly trust cryptocurrency promotions they see online.
ELON MUSK: “I'm not going to be promoting crypto, at most, in a joking way. If you see me pumping crypto, it's not me. I do think there's merit in Bitcoin. I've sort of got a soft spot for Dogecoin because I like dogs and memes." pic.twitter.com/19oGGn4NY2
— Teddy – PolyBackTest.com (@Bitcoin_Teddy) June 14, 2026
“I’m really not going to be promoting crypto,” Musk said. “If you see me pumping crypto, it’s not me.”
He added that he sees “some merit” in Bitcoin and possibly some other cryptocurrencies. However, he once again highlighted his long-standing affection for Dogecoin.
“I sort of have a soft spot for Dogecoin because I just like dogs and memes,” Musk said.
Musk Warns About Fake Crypto Endorsements
During the interview, Musk cautioned that old or manipulated videos can be recirculated online and presented as if they are happening in real time.
“If you see a sales pitch for crypto, I would double-check whether that is real,” he said.
The resurfaced clip sparked fresh debate. X user James Volz argued that the remarks do not suggest support for XRP. According to him, neither Tesla, SpaceX, nor Musk appears to be backing XRP. Meanwhile, Bitcoin and Dogecoin continue to maintain their spot with Elon Musk and his businesses.
Dogecoin Comments Draw Fresh Attention
The resurfaced interview has also renewed interest in Musk’s relationship with Dogecoin. Earlier this year, he reignited speculation about the meme coin after suggesting that SpaceX could send a “literal Dogecoin” to the Moon as early as 2027.
Responding to an X post that revisited his 2021 pledge, Musk wrote, “Maybe next year”. He also replied “Yes” to another post claiming that “Dogecoin to the Moon is inevitable.”
While Elon Musk has repeatedly said he is not actively promoting cryptocurrencies, his comments continue to attract attention. Bitcoin and Dogecoin remain the two digital assets most closely linked to his public remarks.
Clip Resurfaces as Musk Hits $1T
Notably, the video’s return to social media comes at a historic moment for Musk. On June 12, the SpaceX founder became the world’s first trillionaire after the company’s public market debut.
SpaceX priced its IPO at $135 per share under the ticker SPCX on Nasdaq. The stock later climbed to $165, roughly 22% above its offering price. The rally pushed the company’s valuation beyond $2 trillion.
Before the listing, Musk’s estimated net worth was around $813 billion. The SpaceX surge lifted his fortune above $1 trillion.
The milestone also widened his lead over other billionaires, including Google co-founder Larry Page and Oracle founder Larry Ellison.
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