Elon Musk chickens out of NFT sale, says it “doesn’t feel right”

Elon Musk chickens out of NFT sale, says it “doesn’t feel right”

Tesla’s CEO Elon Musk recently jumped on the NFT train when he offered to sell a song as an NFT. Ironically, his first non-fungible token is a “song about NFTs.”

Musk’s electronic song has received a lot of attention from would-be investors since he announced it on Twitter three days ago. Interestingly, the highest bid as of press time was $1.1 million from SinaEstavi, the same person who has a top bid of $2.5 million for the NFT of Twitter CEO Jack Dorsey’s first tweet.

Beeple, the digital artist who recently netted $69 million from an NFT sale offered to give Musk $69 million for his NFT, an offer that Musk appears to have turned down. In response, Musk professed his love for DOGE by demanding 420 million DOGE tokens instead.

As per the content of Musk’s song, the NFT has a strong electronic music vibe, features the Shiba Inu mascot of Dogecoin, and highlights a golden trophy adorned with words like “NFT,” “Vanity Trophy,” “moon,” and “HODL.”

Surprisingly, a few days after announcing his NFT offering, the billionaire is rethinking his decision. He tweeted on Tuesday night:

Actually, doesn’t feel quite right selling this. Will pass.

The sales page is however still live.

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