Elon Musk, the billionaire entrepreneur and CEO of Tesla and SpaceX, has a well-known love for the meme-inspired cryptocurrency, Dogecoin. In a recent playful move, Musk changed his Twitter bio to "Former CEO of Dogecoin," sending the cryptocurrency's value surging by over 20%.
This move reflects Musk's affection for Dogecoin and his tendency to playfully engage with his followers on social media. Dogecoin, which started as a joke in 2013, has gained a following in recent years, partly due to Musk's tweets and endorsements.