There is no official confirmation or evidence that Elon Musk has acquired or bought $PEPE .
Rumors about Elon Musk supposedly buying PEPE are mainly due to:
Social media posts and interactions: Musk has posted Pepe the Frog memes on X (Twitter) and even temporarily changed his profile to a related avatar ("Kekius Maximus"). Every interaction immediately sparks speculation in the cryptocurrency market.
Sensationalist content: YouTube channels and social media accounts often post clickbait headlines claiming that “Musk bought PEPE” to attract views and drive up the token’s price.
Precedent with Dogecoin: Given Elon Musk’s historical support for Dogecoin ($DOGE ), the memecoin community tends to associate any interaction by the entrepreneur with the direct acquisition of the asset.
The official cryptocurrency that Musk has consistently admitted to having invested in or being interested in remains Dogecoin.
