Crypto Twitter was buzzing this week with claims that Elon Musk is planning to buy $50 billion worth of XRP, Ripple’s native cryptocurrency. The rumor originated from an X user named @CryptoGeekNews, who posted that Musk offered $600.37 per XRP.
“🚨BREAKING: Elon Musk OFFERS to BUY XRP for $50 BILLION!! $600.37 PER token,” the viral post read.
The post spread quickly, igniting excitement among the XRPArmy, Ripple’s die-hard online community.
However, fact-checking tools and AI platforms like Perplexity AI have debunked the claim. Perplexity responded, “That claim about Elon Musk offering to buy the token for $50 billion doesn’t appear to be true,” adding that no official source — neither Musk, Ripple, nor X — has confirmed it.
CryptoGeek also claimed that Musk briefly posted “#XRP is looking quite promising” before deleting it 20 seconds later. But with no screenshots, archived tweets, or verified sources, even that claim is under scrutiny.
Perplexity AI emphasized, “There’s no evidence Musk has ever endorsed it or has a partnership with Ripple. In fact, he’s been far more vocal about Dogecoin than any other crypto.”
Conclusion: Until official confirmation emerges from Musk or Ripple, this story is pure speculation and an example of how quickly crypto hype can spiral without facts.
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