You should begin to be skeptical on what Elon was really doing when he was shilling dogecoin. He knew what he was doing. Also, he has divorced from 3 wives who might have gotten a large share of his assets. He will be needing some extra money hehehehe and do not underestimate human greed.

Also, Elon has a large following in social media and he loves to troll. How can he profit from this? Shill a coin traded in an unregulated market where the SEC cannot give him legal problems. Elon is a cold blooded profiteer.

the running joke on twitter is:

stupid media (fox news and other crap news media) do not do any actual real reporting on real news events. instead they just glamourise whatever is trending/on twitter by using twitter as their news story sources.. without even bothering to validate if the tweets are real or jokes

many celebs are starting to do this. say silly things to see which silly news media outlet reports on the tweet.

some are also calling out all the crap news media where different stations read out the same story word for word. without any independent editorial checks

Yeah and some strong political motivations along with their morning cup of joe.

Imagine what these crap news media stations would do if Musk actually did own twitter.
He would be another Rupert Murdoch who owns Time warner, disney, etc etc.
Controlling the narrative of countless households across America.

Thought most just say "They are in it for the dubs.." urg.. I mean The Technology.

But all kidding aside,
Isn't this exactly what the feds are now going after all exchanges for?
They are suing Coinbase with insider trading with having these tokens listed on their exchange and having people who worked there trade them even before they were listed.
https://www.bloomberg.com/news/articles/2022-07-27/crypto-traders-rattled-by-sec-scrutiny-of-coinbase-listed-tokens

this was for anyone buying these so-called securities from coinbase without even knowing it:
https://blockworks.co/coinbase-hit-with-another-class-action-lawsuit-following-sec-allegations

Hard to believe that Elon is in for crypto, because I have seen him showing interest in crypto for a while. In fact, a lot of cryptocurrencies are back to pre Elon Musk crypto pump, at least Bitcoin has rolled back to where it was, since Elon started frequently naming it in his tweets. Did you know that recently Tesla has celebrated sales of 3 million cars around the world ? It will be easier for me to believe, that Elon has used cryptocurrency as a promotion of Tesla, than being in for crypto guy. No doubt that he is a technology guy, but he is a businessman on first place.

This is exactly what I meant "In it for the dubs!". He is in it for the gains of course.
Whether that be for profit or just to put another feather in his cap for the cryptos.
He is a showman. If you haven't seen that movie then that is exactly what he is.
Purely in it for the exposure as he gets a rush being in the spotlight.
Without it he would cease to be relevant in the media.
Just another CEO behind a desk pulling the strings of his multimillion dollar companies.

Yeah you are right I've seen the movie shownman, exactly what he is doing, mainly in for the profit, I could remember when he made the move to buy twitter he was the talk of the whole world then, with such a huge amount of money to buy twitter, he got more famous with that, and twitter shares pumped, I'm very sure he would have longed and before the announcement, before he decided that he has no interest in buying again, he would have short also, that's pure manipulation, that's exactly what he did with bitcoin, sold at the peak of 70k after buying the dip

^^
Yeah but the difference between this individual and all the rest is that he knows how to garner alot of attention and utilize it towards his own benefit and that of his empire:
https://markets.businessinsider.com/news/stocks/elon-musk-south-korean-fans-hold-15-billion-stake-tesla-2022-8

Let's not kid ourselves any longer, all his companies combined are essentially an empire!

Elon uses cryptos as capitalization tool, it's simple as that. He has the power to manipulate markets and he already prove it. And if he need cash for his projects he can sell he recently bumped coins 

Is a smart move, and is a way to capitalize big projects... No one say it was cheap or easy to create an electric car, or create space ships or artificial neural links. The money should come from some where, and not all comes from cryptos, this is just another income source.

True, he is just using crypto to get bigger profits for other purposes. Its financial strength can move these relative markets, so market manipulation is always possible by individuals or groups of deep-pocketed whales. It seemed easy how he created the hype, but things were different now. People are educated on losses, so we'll see the Elon Musk hype no longer strong enough to move the market any time soon.

this man clearly earned his popularity, because such people will not pump the DOGE coin so often, we don't know much, but we can definitely assume that he benefited from all this.