Market Cap: $2.8389T -0.70%
Volume(24h): $167.3711B 6.46%
  • Market Cap: $2.8389T -0.70%
  • Volume(24h): $167.3711B 6.46%
  • Fear & Greed Index:
  • Market Cap: $2.8389T -0.70%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$87959.907984 USD

1.34%

ethereum
ethereum

$2920.497338 USD

3.04%

tether
tether

$0.999775 USD

0.00%

xrp
xrp

$2.237324 USD

8.12%

bnb
bnb

$860.243768 USD

0.90%

solana
solana

$138.089498 USD

5.43%

usd-coin
usd-coin

$0.999807 USD

0.01%

tron
tron

$0.272801 USD

-1.53%

dogecoin
dogecoin

$0.150904 USD

2.96%

cardano
cardano

$0.421635 USD

1.97%

hyperliquid
hyperliquid

$32.152445 USD

2.23%

bitcoin-cash
bitcoin-cash

$533.301069 USD

-1.94%

chainlink
chainlink

$12.953417 USD

2.68%

unus-sed-leo
unus-sed-leo

$9.535951 USD

0.73%

zcash
zcash

$521.483386 USD

-2.87%

Cryptocurrency News Articles

Elon Musk, Emerald Mine, and an Empire Built on...? A Deep Dive

Oct 10, 2025 at 06:30 pm

Is Elon Musk's empire built on more than just tech genius? We explore the rumors of an emerald mine, family secrets, and the making of a mogul.

Elon Musk, Emerald Mine, and an Empire Built on...? A Deep Dive

Elon Musk, Emerald Mine, and an Empire Built on...? A Deep Dive

Elon Musk: tech visionary, space pioneer, Twitter…err…X enthusiast. But beneath the surface of this Silicon Valley icon lies a persistent rumor: an emerald mine. Was his rise to power funded by green stones? Let's dig in.

The Emerald Mine Saga: Errol's Version

Elon has vehemently denied claims that his move from South Africa to Silicon Valley was funded by a secret emerald mine. However, his father, Errol Musk, insists otherwise. According to Errol, he ran an “under the table” emerald business in Zambia during the 1980s, using the proceeds to support Elon's education abroad. He claims this venture, operating without formal registration, provided around $115,000 for Elon and his brother Kimbal.

Elon has publicly refuted these claims, even offering a hefty sum in Dogecoin to anyone who can prove the mine's existence. He dismisses the story as a fabricated myth aimed at undermining his self-made image. But Errol stands firm, stating Elon is well aware of the mine and even saw the emeralds firsthand.

The Plot Thickens: Conflicting Narratives

Elon maintains he arrived in Canada with a mere $2,500 and worked his way through college, accumulating student debt. Yet, a resurfaced interview from 2014 quoted Elon mentioning his father's share in an emerald mine, a statement he later retracted. This discrepancy adds fuel to the fire, leaving many to wonder about the true origins of Musk's fortune.

No Paper Trail: The Mystery Deepens

Errol admits the operation wasn't a formal mining site, lacking documentation, licenses, or geological reports. He describes it as a rock formation where workers were paid meager wages. While he offers photographic evidence of the emeralds, experts argue that without verifiable records, the mine's existence remains unproven.

Beyond the Emeralds: Building an Empire

Whether or not an emerald mine played a role in Elon's early life, it's undeniable that his ambition and drive have been instrumental in building his empire. From PayPal to Tesla to SpaceX, Musk's ventures have disrupted industries and captured the world's imagination.

The TON and Telegram Connection

In other news, Telegram, the messaging app with a strong focus on privacy and autonomy, has been navigating the crypto world with its own token, TON. TON is functioning as Telegram’s balance-sheet asset, settlement rail, and developer platform, effectively linking the platform's financial health with its growth strategy. This onchain strategy is similar to what Binance is doing with $BNB.

So, What's the Verdict?

The emerald mine remains a tantalizing mystery, a “he said, he said” with no definitive proof. But one thing is clear: Elon Musk's journey is a complex and captivating tale, regardless of whether it began with green stones or sheer grit.

And who knows, maybe one day we'll all be mining Dogecoin on Mars. Until then, keep digging for the truth!

Original source:indiandefencereview

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jan 31, 2026