Tesla CEO Elon Musk has turned down an offer of $69 million for his recent song about non-fungible tokens (NFTs).
On Monday, Musk released a song about NFTs, which he subsequently put on sale as a non-fungible token in a move that had the crypto-markets spinning.
I’m selling this song about NFTs as an NFT pic.twitter.com/B4EZLlesPx
— Elon Musk (@elonmusk) March 15, 2021
Digital artist Mike Winkelmann, known professionally as Beeple, replied to Musk’s tweet by offering the Tesla CEO $69 million for the NFT. Musk declined the offer, instead of asking for 420 million DOGE (worth roughly $24 million). Musk’s tweet was likely a tongue-in-cheek reference to the popular slang term for marijuana.
i'll give you $69M for it. https://t.co/DMd4EEOGCZ
— beeple (@beeple) March 15, 2021
Musk’s post announcing the sale of the NFT was in turn put on sale via the platform Valuables, which allows users to buy and sell tweets. As of the time of writing, the tweet had managed to garner the highest of bid of 625 ETH ($1.12 million).
Beeple made headlines last week after selling his NFT artwork “The First 5000 days” for a last-minute bid of $69 million through Christie’s auction house.
During an interview with Anthony “Pomp” Pompliano, the artist called NFTs an interesting new development for technology.
He said: “NFTs in general really touch on all the things that I’m interested in. It’s got the art aspect…the technology aspect..and it’s got the investing aspect.”