evidence: Elon Musk’s cryptocurrency investments [...] Musk also has revealed that he owns Bitcoin (BTC -0.98%) and Ethereum (ETH -1.84%), although he has said the Bitcoin he owns is worth much more than the Ethereum or Doge that he owns. Tesla and SpaceX both own significant amounts of Bitcoin, too. Although we know Tesla owns about 42,000 Bitcoins (worth about $1.3 billion in June 2022), we don't know how much of any cryptocurrencies Musk personally owns. [...] Finally, while it would be easy enough to follow Musk into cryptocurrencies, there's one big thing to keep in mind. As someone with literally billions of dollars in assets, Musk's risk tolerance dynamics are much different than yours. In fact, his goals are likely less about balancing investment growth and risk management and more about building businesses that align with his personal goals and image.