Tesla and SpaceX CEO Elon Musk was to a great extent one of the key drivers of Bitcoin and cryptocurrency investors. However, it was hardly disclosed how much bitcoin is owned by Musk. Nevertheless, if you need to go through Anthony Scaramucci, the former White House Communications Director and Global Capital Hedge Fund founder, Musk is the owner of more than $5 trillion Bitcoin. Musk is a bitcoin bull. Scaramucci said that Elon Musk owns more than $5 billion in bitcoin through Tesla, SpaceX, and personally in a tweet earlier this week to defend Musk’s investment in Bitcoin among recent issues relating to the effect of bitcoin mining on the environment.
Musk had shared the last time he owned bitcoin in a tweet in February 2018. And a friend sent that too. “I own null cryptocurrency, except that the friend sent me many years ago.” “There is no cryptocurrency.” Scaramucci, who formally opened the SkyBridge Bitcoin Fund LP for rich investors looking for exposure to a king of crypto en, in January 2021 for around $ 310 million, insisted that Elon Musk’s notion of investing in “dirty assets” was ridiculous. “Bitcoin’s future is energy renewable. 1) replacing fossil fuels with renewables. 2) Bitcoin demonetizes the store’s worth, RE, shares & art +,” he tweeted.
In February this year, the Musc purchased $1.5 billion in bitcoin, which re-examined Musk’s priorities for tackling climate change and bitcoin’s environmental effect, because of the huge energy it needs to undermine it. Bitcoin mining is well on its way to equaling its annual carbon emission of 98,9 megatons (Mt) CO2 generated in London, according to a research report of Cryptocurrency economist Alex de Vriest published in the newspaper Joule recently quoting information from citycarbonfootprints.info.
What is SpaceX Starship?
Elon Musk is working on a vehicle that could revolutionize space travel. The Starship, as it’ll be called, will be a fully reusable transportation system capable of transporting up to 100 people to Mars. Elon Musk’s private spaceflight company SpaceX was founded on the idea of making life multi-planetary. Existential threats, such as an asteroid collision large enough to wipe humanity out, are part of the reason for this.
Other planets would be colonized, and some of the eggs would be placed in different baskets, sparing human civilization if one of them experienced a cataclysm. At an international conference in Mexico in 2016, the entrepreneur explained his reasoning: “There will be two paths for history to take. One option is that we stay on Earth indefinitely, with an eventual extinction event “he stated. “The alternative is to become a spacefaring civilization and a multi-planet species, which I hope you would agree is the right way to go,” further he added.
Musk has expressed his desire to build cities on Mars on numerous occasions. In order for settlements to become self-sustaining, he believes they would need a large number of people.
To make this dream a reality, you’ll need a capable vehicle. The Starship is a rocket and spacecraft combination capable of transporting more than 100 people to Mars at a time.
The system is designed to be fully reusable, which means that the main hardware components will not be discarded in the sea or burned up, as with some other launch systems, but will instead be recovered from space. They can then be refurbished and re-flewn, lowering the overall cost of the operation.