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Crypto

Elon GOAT Token brings giant Musk statue to Tesla factory in Austin

admin November 27, 2022

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, 2022-11-26 23:43:29,

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People recently driving around in Austin might have seen Elon Musk.

But not the real person. Instead, they may have seen a sculpture of Musk’s head atop the body of a goat riding a rocket, all attached to a trailer.

Complete with what appear to be flames that shoot from the rocket, the statue was commissioned by the cryptocurrency company Elon GOAT Token. The company was delivering it to Tesla’s Gigafactory in Austin on Saturday, during what it dubbed “Goatsgiving.” The Elon GOAT Token ($EGT) sculpture was created to honor Musk’s “many accomplishments and commitment to Cryptocurrency,” the company said on its website. Musk is the owner of electric car manufacturer Tesla.

Over the past year, $EGT hasn’t seen much growth, according to data from tracker CoinMarketCap, but its founders hoped the Musk statue would inspire the entrepreneur to tweet about the company and bring new exposure to the token.

Elon GOAT Token’s efforts to deliver the statue landed the company on Twitter’s U.S. trending page. Musk purchased the social network last month, causing an upheaval with mass layoffs, departed advertisers and potential changes to the process of obtaining a Twitter Blue check mark.

Costing a total of $600,000, according to Elon GOAT Token, the Musk sculpture is a nod to the billionaire’s fame — a rocket representing SpaceX, the spacecraft company Musk founded; and the literal goat, a word that is also used as an acronym for the phrase…

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