Elon Musk Dogecoin SNL saturday night live

Elon Musk is helping Ukraine. Photo: Screenshot

Elon Musk: Tech mogul calls Dogecoin ‘a hustle’, admits he has Asperger’s

The price of Dogecoin fell by nearly 30% after Musk appeared on SNL, with the SpaceX founder offering a revealing insight into his character.

Elon Musk Dogecoin SNL saturday night live

Elon Musk is helping Ukraine. Photo: Screenshot

Tech billionaire Elon Musk made his Saturday Night Live debut this weekend, and I doing so offered the public at large some significant insights into the eccentric entrepreneur’s character. His very appearance on the famed late night show also had a cataclysmic affect on the trading price of the Dogecoin share price, which fell nearly 30% when Musk referred to the mercurial cryptocurrency as a “hustle”. 

During his opening monologue, Musk admitted for the first time that he has Asperger’s Syndrome, making him the first host of SNL with the disorder. “Or the first person to admit it, at least,” he joked. 

Elon’s eccentric opening monologue  

Musk’s opening monologue was certainly revealing. His “coming out” over his Aspergers condition fell during his self-deprecatory appraisal of his often strange behaviour, in which he admitted that sometimes he doesn’t convey himself in the most obvious terms, and that this might lead people to be somewhat confused. 

“I don’t always have a lot of international variation in the way I speak,” he said, which he noted “also makes for great comedy”.  

“I’m actually making history here tonight as the first person with Asperger’s to host SNL. I won’t make a lot of eye contact with the cast tonight, but don’t worry – I am pretty good at running human in emulation mode,” he said. 

He said that he believes that humanity must become a “multi-planetory space-going civilisation” and said that those who consider him strange or have been offended by his often bizarre tweets, they should consider the following: 

“Look, I know I say or post strange things but that’s just how my brain works. To anyone I’ve offended I just want to say, I reinvented electric cars and I’m sending people to Mars in a rocket ship,” he said. “Did you think I was also going to be a chill, normal dude?”

Dogecoin takes a knock after SNL performance  

Musk has been a fierce supporter of Dogecoin in 2021, going so far as to label himself the Dogefather after tweeting frequently about how the cryptocurrency is going to take over the world and fund Musk’s vision to take humanity to Mars. 

Musk’s tweeting about Dogecoin has helped drive an increased price for the cryptocurrency, with the coin’s 1 cent trading price in January 2021 skyrocketing to over 70 cents during the week leading up to the SpaceX founder’s appearance on SNL. 

Unfortunately, Musk’s advocacy for Dogecoin during the SNL skits on Saturday night did not have the desired impact, and the gains recorded in the run-up to his appearance were dashed by around 66 cents to just below 50 cents just hours after the show. 

The price dropped further in the subsequent 24-hours, going as low as 43 cents before recovering to around 55 cents on Monday.

Watch Musk try and articulate exactly what Dogecoin is as he plays the role of financial analyst Lloyd Ostertag below: