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Haider Jamal

May 07, 2024

Elon Musk And Javier Milei Cross Paths Once More

Elon Musk, CEO of Tesla and SpaceX, and Argentina President Javier Milei crossed paths once again at the 27th annual Milken Institute Global Conference on Monday. This encounter marked their second meeting within a month.  Elon has long since been an avid supporter of cryptocurrencies, particularly his favorite canine-themed crypto, Dogecoin (DOGE). He mainly supports crypto due to its potential to revolutionize financial systems, empower individuals, and promote innovation in the digital economy.

 

Elon Recommends Argentina

In a photo shared on social media, Musk and President Milei were seen posing enthusiastically with double thumbs up. Also present in the picture were Secretary General of the Presidency, Karina Milei, and Argentine Ambassador to the United States, Gerardo Werthein.

Musk, endorsing Argentina, remarked that he highly recommends investing in Argentina, as the country looks toward the future under their recently elected new leader. The two proponents of free-market ideologies are among the headline figures at the conference held in Beverly Hills, California, where leaders in finance, technology, sports, and media convene to discuss pressing global issues.

 

Advocating For Crypto

The meeting follows their initial encounter at a Tesla electric car factory in Texas last month, where a similar camaraderie and photo-op were displayed, with Musk expressing optimism for the future. Both Musk and President Milei advocate for cryptocurrencies, and while Elon has previously discussed his Bitcoin holdings and supported Dogecoin, President Milei has praised the scarcity-driven growth model of Bitcoin alongside its potential to empower people monetarily.

Their shared viewpoints on cryptocurrency could potentially lead to future collaborations in this field. At the time of publication, Bitcoin was trading at $63,154, experiencing a 1.2% decrease in the last 24 hours, while Dogecoin dropped by 4.6% to trade at $0.1545, according to CoinGecko.

 

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