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Elon Musk has changed his Twitter profile to just “#bitcoin.” The CEO of Spacex and Tesla also tweeted, “In hindsight it was inevitable.” The price of bitcoin immediately rose.

Elon Musk’s Bitcoin Twitter Profile and Tweets

Spacex and Tesla CEO Elon Musk changed his Twitter profile to “#bitcoin” Friday morning. He also made a cryptic tweet saying, “In retrospect, it was inevitable.” At the time of writing, his tweet has been liked over 152.6 thousand times, retweeted 22.2 thousand times and replied 12.8 thousand times. The billionaire entrepreneur has approximately 43.8 million followers on Twitter.

Elon Musk turns Twitter profile into Bitcoin, tweets 'It was inevitable' - BTC price soars
Elon Musk’s Twitter profile and latest tweet. Source: Twitter

The tweet was made on Jan. 29 at 3:22 a.m. EST, when bitcoin’s price hovered around $ 32,212 based on data from Right after the tweet, bitcoin’s price skyrocketed and peaked at around $ 37,803, which was up more than 17% before pulling back slightly. The current BTC price stands at $ 36,965.

Elon Musk turns Twitter profile into Bitcoin, tweets 'It was inevitable' - BTC price soars
Bitcoin’s price chart on Jan. 29 based on data from markets. showed a price spike after Elon Musk changed his Twitter profile to #bitcoin, tweeting, “In retrospect, it was inevitable.”

Many people on Twitter see Musk’s tweet and profile change as a huge endorsement for bitcoin. Morgan Creek Digital partner Anthony Pompliano noted:

Elon Musk, one of the richest men in the world and the greatest innovator of our time, has only one word in his Twitter bio: bitcoin… Tesla and Spacex adding bitcoin to their balance is now inevitable.

Tesla CEO overtook Amazon CEO Jeff Bezos as the world’s richest man early this month, but has since fallen back to second place, according to Forbes’ real-time billionaire list. Another billionaire Twitter CEO Jack Dorsey has also set his Twitter profile to just #bitcoin.

Musk regularly tweeted about bitcoin. He had said before that he only owns 0.25 BTC which was given to him by a friend. In December he thought about it to some of it Tesla’s treasury in bitcoin.

He also tweeted a lot about dogecoin and recently participated in a doge pump. His Twitter profile read, “Former CEO of Dogecoin.”

What do you think about Elon Musk changing his Twitter profile to #bitcoin? Let us know in the comments below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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