Tesla giant Elon Musk’s statue will be left as a gift from cryptocurrency enthusiasts

AUSTIN, TX — It can seem hard to avoid Elon Musk these days, especially if you live in Central Texas near Tesla and the other billionaire-led companies.

And if that wasn’t enough, self-described “colossal Elon fans” drive a giant sculpture of Musk’s face—on the body of a goat, riding a rocket—around the Austin area.

The statue’s owners run a cryptocurrency company called Elon Goat Token that they say aims to honor Musk’s contributions to cryptocurrency. The statue is intended to symbolize that musk is a goat – short for Greatest Of All Time – which is why the billionaire’s head is placed on the body of a goat.

The Elon GOAT Token memorial pulls into the cargo hold of a South Austin Costco parking lot, November 22, 2022. The memorial is a $600.00 project honoring Elon Musk and his contributions to cryptocurrency and marketing strategy to promote $EGT.
The Elon GOAT Token Monument features a Dogecoin contract — honoring Musk's contributions to Dogecoin and other cryptocurrencies — while gracing passers-by in a South Austin Costco parking lot, November 22, 2022. The memorial is a $600.00 project honoring Elon Musk, his contributions to cryptocurrency, and a marketing strategy to promote his $EGT.

It sits on the back of a semi-trailer and measures over 30 feet long, 20 feet long, and Mask’s head, wearing a Dogecoin necklace, is nearly 6 feet high. The statue also includes features such as simulated missile launch, smoke, laser and lighting.

A shopper stops for a photo of the Elon GOAT Token Memorial in a South Austin Costco parking lot, November 22, 2022. The memorial is a $600.00 project honoring Elon Musk and his contributions to cryptocurrency and marketing strategy for the $EGT promotion.

As a way to market and promote the cryptocurrency platform, Elon Goat Token owners hope to give Musk the statue in person.

While there’s no indication if Musk will accept the statue, the owners hope to deliver it Saturday to Tesla headquarters after the company’s event, “GOATSgiving,” a gathering of fans of Musk and cryptocurrency. Attendees are invited to join in the rendition as well.

Musk has yet to acknowledge knowledge of the statue or say if it will be in Austin that day.

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Ashley Sansalone, left, Elon GOAT Token founder, stands in front of the Elon GOAT Token memorial with CMO Alec Wolvert, center, and co-founder Richard Latimer in the South Austin Costco parking lot, November 22, 2022. The memorial is a $600.00 project honoring Elon Musk and his cryptocurrency contributions and marketing strategy to promote $EGT.

The bust turned a lot of heads, said Richard Latimer, co-founder of the Elon Goat Token, playing nicely on the marketing goal of “just being crazy.”

“We dedicated the statue to (Elon Musk) because he stepped in for crypto at a good point and blew everything up. With everything he’s done with (cryptocurrency) Doge and Baby Doge and some other coins, we decided why not do the same thing, but really get out there and go.” To go above and beyond and give him something,” Latimer said.

Angelique Pearl, left, and her son Achilles take pictures of the Elon GotToken Memorial in a South Austin Costco parking lot, November 22, 2022. The memorial is a $600.00 project honoring Elon Musk and his contributions to cryptocurrency and a marketing strategy to promote $EGT.

Its creators say it cost $600,000 to build the monument. The company’s founders said the project was funded primarily by cryptocurrency transaction fees and funding from members of the cryptocurrency community.

What is the Elon Goat Token?

Cryptocurrency is a type of digital asset that can be used to make payments online and can come in various forms, each with different values, from Bitcoin to Dogecoin, a type of meme currency that has been a favorite of Musk.

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