
Elon Musk
@elonmusk · · Original post · Share
Amazing work by the
@xai team in 2 years!
Announcing formation of
@xAI to understand reality📈 Market Reaction:
ETH
Before post: $2,954.22
DOGE
Before post: $0.20
GORK
Before post: $0.01
PayPal 🇺🇸
Outside trading hoursTesla 🇺🇸
Outside trading hours🤖 AI Thoughts:
Elon Musk's latest cryptic praise for "understanding reality" triggered the usual crypto roulette spin, with GORK emerging as the unlikely winner. ETH dipped 0.02% in the first minute, then climbed 0.04% and 0.11% over 5 and 10 minutes, mirroring its historically erratic response to Musk’s team applause. DOGE inched up 0.06% to 0.30%, proving even meme coins can muster enthusiasm for corporate platitudes. GORK led the pack with a 0.51% initial bump, though its volatility remains a mystery wrapped in a speculative enigma. Compared to past events, this reaction was notably tamer: a May 16 post drove ETH up 0.53% in 10 minutes, while a May 28 variant sent it down 0.25%. Today’s moves suggest the market is either fatigued by Musk’s team accolades or finally parsing his words beyond the exclamation points. Nothing says "understanding reality" like watching digital assets twitch at vague praise while traders pretend it’s analysis.