The ’space race‘ between Elon Musk and Bitcoin may be just beginning, and while the entrepreneur who plans to colonize Mars becomes the richest man in the world, Bitcoin follows ‚to the moon‘ towards $50k
The mega-entrepreneur Elon Musk surpassed Amazon’s owner, Jeff Bezos, and became the richest man in the world with a net worth valued at more than US$ 185 billion.
Musk’s rise to the top1 in the world is due to the appreciation of more than 800% that the shares of his company, Tesla, had in 2020. And now in 2021, in just one week more 10% were added.
Tesla’s shares were one of the most profitable investments of the past year, surpassing Bitcoin Revolution by far.
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While BTC, in its dollar value, appreciated 289%, Tesla shares rose in the year by 841%, second only to Nio, another manufacturer of electric vehicles, which had a resounding 1927% appreciation.
Musk and Bitcoin
However, although Bitcoin ‚lost‘ to Tesla in appreciation last year, Cryptomeda is very close to surpassing the Musk company’s market cap, after all while Tesla is valued at US$ 785 billion Bitcoin’s marketcap went from US$ 712 billion.
However, the ‚fight‘ between the two promises interesting ‚rounds‘ in 2021, as the price of Bitcoin has not shown fatigue in its climb up the ladder and, at the other end, Tesla shares and the fortune of Musk do not seem to fall back this year either.
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Moreover, the clash between Musk and Bitcoin is not only a comparison of fortunes, since the billionaire has expressed several times that he is not a fan of crypto,
In its place, Musk prefers Dogecoin, which has been the subject of several posts by the entrepreneur that had the potential to increase the price of DOGE by more than 20%.
To the moon, to the Mars
Another interesting point in the comparison between Musk and Bitcoin is that both have eyes beyond the planet Earth.
While in the Bitcoin community BTC’s high is usually celebrated with the expression ‚to the moon‘, Musk plans to start populating the planet Mars, and hopes to send the first manned mission to the red planet as early as 2022.
In addition, responding to a Twitter topic initiated by AI researcher Lex Fridman, Musk stated that „the economy of Mars will work based on cryptoactives,“ suggesting it could be with dogecoin or a cryptomeda called Marscoin.
But regardless of which cryptomeda Musk eventually adopts on Mars the first city on the red planet is scheduled to open only in 2050.
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However, according to the forecast of cryptoactive sector specialists, on this date the value of Bitcoin may have left Moon and Mars far behind and surpassed the US$ 2 million mark.
The ’space race‘ may be just beginning.