{"id":787068,"date":"2026-07-27T09:42:10","date_gmt":"2026-07-27T09:42:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/787068\/"},"modified":"2026-07-27T09:42:10","modified_gmt":"2026-07-27T09:42:10","slug":"spacex-and-tesla-ceo-elon-musk-issues-stark-2036-prediction-that-could-be-about-to-blow-up-the-bitcoin-price","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/787068\/","title":{"rendered":"SpaceX And Tesla CEO Elon Musk Issues Stark 2036 Prediction That Could Be About To Blow Up The Bitcoin Price"},"content":{"rendered":"

Bitcoin and crypto prices have traded sideways for most of this year, with traders nervously braced for a dramatic shock<\/a>.<\/p>\n

Sign up now for CryptoCodex<\/a>\u2014A free crypto newsletter that will get you ahead of the market<\/p>\n

The bitcoin price fell to under $65,000 per bitcoin in February and remains stuck in a downward trend even as the chief executive of Goldman Sachs reveals he\u2019s suddenly backing bitcoin\u2019s \u201cultimate catalyst.\u201d<\/a><\/p>\n

Now, as bitcoin hurtles toward a $27.9 trillion game-changer<\/a>, SpaceX and Tesla billionaire Elon Musk has predicted money \u201cwon\u2019t matter\u201d in as little as 10 years\u2014something that could have profound implications for the bitcoin price.<\/p>\n

Sign up now for the free CryptoCodex<\/a>\u2014A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin price and crypto market swings<\/p>\n

ForbesBlackRock CEO Issues Surprise 12-Month Bitcoin And Crypto Price PredictionBy Billy Bambrough<\/a>\"Elon<\/p>\n

SpaceX and Tesla chief executive Elon Musk has predicted money “won’t matter” in as little as 10 years\u2014something that could have profound implications for the bitcoin price.<\/p>\n

Anadolu via Getty Images<\/p>\n

“Money won\u2019t matter in 2036,” Musk told<\/a> The Economist editor-in-chief, Zanny Minton Beddoes, in a wide-ranging interview, predicting that within ten years the world will transition to having \u201cincredible abundance.\u201d<\/p>\n

\u201cWhat do you want money for,\u201d Musk, who became the world\u2019s first trillionaire on June 12 when SpaceX went public but has since seen his fortune fall to around $700 billion, asked, pointing to his prediction that a massive proliferation of robots will render all money effectively worthless as people have their needs effortlessly met.<\/p>\n

\u201cYou you want money for goods and services, right? You want money for obviously food, housing, transport, entertainment,\u201d Musk said. \u201cIf that is so abundant that there\u2019s more that the robots and AI are providing more goods and services than you than any human could possibly consume.\u201d<\/p>\n

Musk has previously declared energy \u201cthe true currency,\u201d fueling speculation among bitcoin supporters that he\u2019s quietly backing the cryptocurrency while his two biggest companies, SpaceX and Tesla, hold major bitcoin reserves, 18,712 bitcoin and 11,509 bitcoin, respectively.<\/p>\n

“Energy is the true currency,” Musk posted<\/a> to X, responding to the pseudonymous beffjezos X account, who had posted<\/a>: \u201cIf you understand money as a proxy for expected free energy, AI is literally an infinite money glitch.”<\/p>\n

Combined SpaceX\u2019s and Tesla\u2019s bitcoin are worth almost $2 billion at the current bitcoin price of around $65,000.<\/p>\n

In October, Musk posted to X that<\/a> \u201cbitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy,” and agreeing that the \u201cglobal arms race” toward artificial intelligence is the reason why gold, silver and bitcoin have all seen their prices soar in recent years.<\/p>\n

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Forbes\u2018The Most Important Thing\u2019\u2014Goldman Sachs CEO Reveals Crypto Surprise As Bitcoin Price StallsBy Billy Bambrough<\/a><\/p>\n

The bitcoin price has fallen sharply since October, though some think the bitcoin price bottom is in and that the bitcoin price will rally from here.<\/p>\n

Forbes Digital Assets<\/p>\n

Bitcoin, which is secured by a network of so-called miners who use powerful computers to validate transactions in return for newly issued bitcoin, uses as much electricity each year as some small countries, with its energy demands climbing along with its price as more miners join the network.<\/p>\n

Musk\u2019s support for bitcoin and crypto has waned from its Covid-era peak, though Musk has continued to give backing to bitcoin, as well as his “favorite” cryptocurrency dogecoin.<\/p>\n

Following his White House exit, Musk said his America Party would favor bitcoin over the U.S. dollar, with Musk branding the dollar and other government-issued, debt-based currencies as \u201chopeless.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin and crypto prices have traded sideways for most of this year, with traders nervously braced for a…\n","protected":false},"author":2,"featured_media":787069,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,13408,11,13529,1513,1019],"class_list":["post-787068","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-crypto","tag-elon-musk","tag-musk","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/787068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=787068"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/787068\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/787069"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=787068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=787068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=787068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}