Elon Musk Changes Tune, Turns Down $1 Million Offer for Catchy NFT Song

Tesla’s ‘Technoking’ switched gears after putting up a tweet of a catchy song for sale on Monday.

By Justin Chan | Mar 17, 2021
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SpaceX CEO and self-proclaimed Tesla “Technoking” Elon Musk has backtracked from his desire to sell one of his tweets as a non-fungible token (NFT) for $1.1 million.

On Monday, Musk announced on Twitter that he would sell a song about NFTs as an NFT. The approximately two-minute song features a catchy electronic beat and a video of a revolving statuette. A female voice can be heard in the background saying, “NFT, for your vanity. Computers never sleep. It is verified. It is guaranteed.”

The song was auctioned on , where Bridge Oracle Sina Estavi offered a whopping $1.1 million. Estavi had similarly bid $2.5 million for Twitter CEO Jack Dorsey’s very first tweet.

Related: The Man Behind This Hilarious 2012 Meme Just Sold It as an NFT for $36,000

By Tuesday night, however, Musk appeared to have a change of heart. “Actually, doesn’t feel quite right selling this,” he . “Will pass.”

Non-fungible tokens are digital assets that exist on a blockchain. Althought they cannot be exchanged for a good or service, many people — including public figures — have recently jumped on the NFT craze. Over the weekend, for example, Tampa Bay Buccaneer Rob Gronkowski auctioned a collection of his most memorable Super Bowl celebrations as an NFT series. It netted him $1.75 million.

SpaceX CEO and self-proclaimed Tesla “Technoking” Elon Musk has backtracked from his desire to sell one of his tweets as a non-fungible token (NFT) for $1.1 million.

On Monday, Musk announced on Twitter that he would sell a song about NFTs as an NFT. The approximately two-minute song features a catchy electronic beat and a video of a revolving statuette. A female voice can be heard in the background saying, “NFT, for your vanity. Computers never sleep. It is verified. It is guaranteed.”

The song was auctioned on , where Bridge Oracle Sina Estavi offered a whopping $1.1 million. Estavi had similarly bid $2.5 million for Twitter CEO Jack Dorsey’s very first tweet.

Related: The Man Behind This Hilarious 2012 Meme Just Sold It as an NFT for $36,000

By Tuesday night, however, Musk appeared to have a change of heart. “Actually, doesn’t feel quite right selling this,” he . “Will pass.”

Non-fungible tokens are digital assets that exist on a blockchain. Althought they cannot be exchanged for a good or service, many people — including public figures — have recently jumped on the NFT craze. Over the weekend, for example, Tampa Bay Buccaneer Rob Gronkowski auctioned a collection of his most memorable Super Bowl celebrations as an NFT series. It netted him $1.75 million.

Justin Chan • News Writer

Âé¶¹Éç Staff
Justin Chan is a news writer at Âé¶¹Éç.com. Previously, he was a trending news editor... Read more
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