Elon Musk is one of the most influential figures on crypto markets. As one tweet from Tesla and SpaceX CEO can cause billions in trading volume – Dogecoin (DOGE) and Bitcoin (BTC).
It is this ability to influence that means Ripple’s cross-border payments cryptocurrency XRP often finds itself within the wake of Musk’s steamroller. It was rumors connecting Elon Musk XRP that spread like wildfire even without any direct confirmation.
But what is fact, and what is rumor? Let’s break it down.
Why Elon Musk XRP is Used as a Speculation Target
XRP operates as a high-cap currency with a unique function in cross-border settlement solutions. The often dubbed “bankers’ coin” as Ripple has financial institution partnerships lined up.
Crypto communities speculate that Musk may support XRP for the following reasons:
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His hatred of central banks.
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The worldwide presence of his businesses (Tesla, SpaceX, X) where instant payments would be an advantage.
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Past backing of ‘underdog’ coins such as Dogecoin
Putting these two things together makes Elon Musk XRP .
The “Deleted Tweet” Controversy
In early 2025, a rumor began to spread that Elon Musk had tweeted that XRP is “promising”, but deleted the post within 20 seconds.
No screenshots appeared, but apparently Grok AI (Musk’s chatbot from xAI) had been in on it too.
Most analysts had dismissed the rumor, however, pointing out that there was no proof on-chain or from Musk’s verified Twitter/X account. Nonetheless, it was able to ignite XRP talk here and there, and a few small trading volume bursts.
Grok AI’s Wild XRP Predictions
XRP-related scenarios made for a hot cup of tea with Musk’s AI assistant Grok.
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If XRP experienced the same bull run as in 2017 (+63,900%) then the price would reach $2,070.
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Short-term, a bullish case forecast for XRP hitting $10–$15.
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One long-term very speculative prediction said XRP price could be as high as $350–$400 if it gained mass adoption.
⚠️ Heretical Note: Grok explicitly made clear that these were mathematical situations, not forecasts. Nevertheless, headlines travel fast and XRP received more publicity.
The $104 Billion Investment Rumor
The craziest rumor of all was if Musk a purchase of $104 billion of XRP.
The tale spread across crypto blogs and forums, but:
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There were absolutely no SEC filings, Ripple press releases, or Musk statements to back it up.
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The rumor was debunked by Binance, CoinPaper and The Tradable.
Even though it was fake, this time, once again, rumors were able to create a speculator bubble in Elon Musk XRP
Musk Understands Much More About Crypto & Elon Musk XRP Than His Real Comments Suggest
Speaking at a Pittsburgh town hall, Musk stated that digital assets are key to fighting back against centralized control. XRP supporters interpreted it as indirect support of XRP because Ripple markets itself against the slow and centralized payment system, although he did not mention XRP directly.
This loose association added the ignition to the XRP community fire.
What Ripple CEO Had to Say on Musk Pitching
Ripple CEO Brad Garlinghouse weighed in, adding that Musk promoting cryptocurrencies as a part of the mainstream is significant. According to him, crypto has already turned into a political as well as financial asset and that advocates are now in 3 places: the political arena, the financial arena, and now Musk’s words could tip the scales at a regulatory and public level.
But Garlinghouse did not outright accuse Musk of ever showing support for XRP.
Rumors of Elon Musk XRP Market on the Move
In the past, Musk’s tweets led to serious price swings — after Musk dubbed Doge “the people’s crypto,” the token spiked more than 500%.
With XRP:
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Tweet deleting rumor → Minor jump (but too quickly right back to normal)
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Rumor → Investment → $104B (724B) → Pump and dump → Off the radar
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Grok AI speculation → Generally buzz without meaningful traction in the overall market.
While Dogecoin has benefited from the bountiful bounty of devoted mania fueled by Musk, XRP, not so much.
Musk Effect: Dogecoin vs. XRP Comparison
| Aspect | Dogecoin (DOGE) | XRP (Ripple) |
|---|---|---|
| Musk’s involvement | Public, repeated endorsements | None officially confirmed |
| Market reaction | +500% rallies after tweets | Minor bumps from unverified rumors |
| Utility | Meme coin, community-driven | Cross-border payments, institutional |
| Current status | Still Musk’s “favorite” meme coin | Strong institution-driven asset |
➡️ Bottom line — Musk plays a genuine part in DOGE. It is hype driven without confirmation for XRP.
Watch Out For The Hype And Disinformation: Expert Warnings
Crypto analysts warn:
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Fake news that often exploits Musk has been promoted by scammers.
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AI tools, such as Grok, can generate ‘what if’ scenarios that people mistakenly view as predictions.
Remember that Musk is not someone who you would want to chase from the middle of the pack, and always verify with his own posts on his Twitter / X account and not some secondary report.
Instead of rumors investors should focus on fundamentals — legal clarity for Ripple after the SEC battle, partnerships, and adoption.
Future Outlook: Will Musk Ever Support XRP?
Now, this will not happen (most probably) in the current market size dynamics but there are a few scenarios under which Musk might start to consider XRP:
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If Ripple develops strong ties with global payments by teaming up with Holy G finally Tesla or SpaceX
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Given that XRP is utilized for cross-border settlements in a way that agrees with Musk Inc.
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Presuming the regulatory clarity continues to gain ground in the U.S.
XRP, however, is yet to be in Musk’s confirmed range, at least for now.
FAQs About Elon Musk XRP
Q1: Is it true that Elon Musk tweeted about XRP?
No confirmed tweet exists. There is no proof of the — deleted tweet — story.
Q2: Did Musk invest in XRP?
No. Myth #3: The ‘On/Off’ Switch: A Switch to $104B
Q3: Was XRP at $2,000 predicted by Grok AI?
Yes, but scenario not speculation. It’s not financial advice.
Q4: Will Musk’s endorsement lead to a Doge-style price explosion for XRP?
Maybe, but up until now, Musk has not been interested in XRP.
Q5. Should I buy XRP because of all Mu$k rumors?
No. Never invest based on speculation, only fundamentals.
Conclusion: Separating Hype From Reality
One of the ones opposite, however, is what has been the role of Elon Musk, which continues to be one of the greatest influences in crypto but also one whose role within the XRP has been far exaggerated by rumors.
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No verified tweets.
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No confirmed investments.
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No endorsements from Musk.
The actual: Musk has praised the crypto capability to fight centralized systems, whereas Ripple CEO Garlinghouse adds that he has an effect.
