{"id":857920,"date":"2025-06-25T10:11:59","date_gmt":"2025-06-25T15:11:59","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/25\/fact-check-is-elon-musk-buying-xrp-ripple\/"},"modified":"2025-06-25T10:11:59","modified_gmt":"2025-06-25T15:11:59","slug":"fact-check-is-elon-musk-buying-xrp-ripple","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/25\/fact-check-is-elon-musk-buying-xrp-ripple\/","title":{"rendered":"Fact Check: Is Elon Musk Buying XRP (Ripple)?"},"content":{"rendered":"
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\"Fact<\/figure>\n<\/div>\n
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Is Elon Musk planning an investment in Ripple\u2019s XRP? A recent viral post has claimed that the billionaire is set to invest $104 billion into cryptocurrency<\/a>. The post even shared a headline that read: \u201cElon Musk Joins Ripple Partnership, Injects $104B into XRP.\u201d<\/p>\n

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???? BREAKING: Rumors are swirling that Elon Musk may be preparing to invest $104 billion into $XRP<\/a>, with speculation about a potential partnership with Ripple to power payments for X (formerly Twitter), “The Everything App.”<\/p>\n

\u23f3 TIME IS RUNNING OUT \u2014 A major 20% burn of XRPL-based\u2026 pic.twitter.com\/NAf0KOyXbp<\/a><\/p>\n<\/div>\n

\u2014 CryptoGeek (@CryptoGeekNews) June 23, 2025<\/a><\/p><\/blockquote><\/div>\n<\/figure>\n

The attached news report says that Musk sees XRP <\/a>as fast, efficient, and not a security. He also sees Ripple as a strong partner in in tackling regulatory challenges across the industry.<\/p>\n

Just weeks ago, the same account made comments that Musk was ready to spend $50 billion on XRP. It also added that Musk believes XRP could hit a massive $600.37 per coin. But there was no evidence or official confirmation to back it up. Perplexity AI claimed that the $50 billion rumor wasn\u2019t true. The latest rumor boasts an even larger figure of $104 million.<\/p>\n

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However, there is no confirmation about the same from any officials. Hence, the rumour should not be taken seriously until Musk or other officials confirm it.\u00a0<\/p>\n

Rumored XRP Tweet from Musk Raises Questions<\/h3>\n

Earlier this year, rumors circulated that Musk had briefly posted, \u201c#XRP is looking quite promising,\u201d before deleting it just seconds later. The claim had also sparked excitement, with many citing his previous interest in Dogecoin and Bitcoin as a possible sign he could now be turning his attention to XRP. However, no screenshots have surfaced to prove the tweet existed.\u00a0<\/p>\n

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\n Nidhi Kolhapur<\/p>\n","protected":false},"excerpt":{"rendered":"

Is Elon Musk planning an investment in Ripple\u2019s XRP? A recent viral post has claimed that the billionaire is set to invest $104 billion into cryptocurrency. The post even shared a headline that read: \u201cElon Musk Joins Ripple Partnership, Injects $104B into XRP.\u201d ???? BREAKING: Rumors are swirling that Elon Musk may be preparing to<\/p>\n","protected":false},"author":1,"featured_media":857921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2363,1762],"tags":[],"class_list":{"0":"post-857920","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-buying","8":"category-check"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/857920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=857920"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/857920\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/857921"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=857920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=857920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=857920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}