Elon Musk to buy 50 billion USD in Ripple’s XRP: Fact check

Elon Musk is rumored to buy Ripple’s XRP for 50 billion USD based on a post by user CryptoGeek, predicting a price of 600.37 USD. The claim has gained traction but lacks verification.

Fact-checkers, including Perplexity AI, declare the rumor false, highlighting no official confirmation from Musk or Ripple. Analysts advise caution and skepticism towards unverified claims.

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