Tesla’s Elon Musk Places $1.5 Billion Bet on Bitcoin

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  • Bloomberg Technology published this video item, entitled “Tesla’s Elon Musk Places $1.5 Billion Bet on Bitcoin” – below is their description.

    Feb.08 — Tesla Inc. invested $1.5 billion in Bitcoin and signaled its intent to begin accepting the cryptocurrency as a form of payment, sending prices to a record after the vote of confidence from the electric-car market leader. Guy Johnson and Alix Steel discuss on “Bloomberg Markets.”

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    In This Story: Bitcoin

    Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.

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    Elon Reeve Musk FRS is a business magnate, industrial designer, engineer, and philanthropist. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

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