Cardano Founder Clarifies: No Talks with Elon Musk, But Future Collaboration Still Possible

On Monday, Elon Musk, CEO of Tesla and CTO of X, conducted an interview with GOP presidential candidate Donald Trump. In that interview they failed to touch any topic around crypto & blockchain.

It was rumoured that Charles Hoskinson, the founder of Cardano, was about a potential meeting with Elon Musk.

After Musk’s latest interview with Donald Trump, Hoskinson ended all such speculations and clarified that, despite some shared interests, he has not been able to establish a working relationship with Musk.

Hoskinson expressed his disappointment over the lack of response from Tesla CEO Musk, despite several attempts to reach out. He speculated that Musk might have been influenced by negative perceptions of him within Musk’s social circles. Although Cardano founder praised Musk’s business acumen and has offered to collaborate, there has been no engagement from Musk’s side.

The Cardano enthusiasts had been excited about the possibility of a partnership, which could have led to innovative projects involving Cardano’s blockchain technology. Despite this, Hoskinson remains open to future collaborations and continues to express his admiration for Musk’s achievements, especially in running the X (formerly Twitter) platform with a leaner team. 

Earlier this Cardano founder proposed integrating decentralised Identifiers (DIDs) into the X (formerly Twitter) platform to address security issues. 

Cardano (ADA) price action 

The current trade price of ADA coin $0.33 is 24% down over the last 30 days period. 

Despite significant development efforts, the ADA coin is struggling due to increasing competition from rivals who are leveraging promotional stunts

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