A rumor linking Elon Musk to a $104 billion purchase of XRP shows how swiftly sensational claims can ripple through the cryptocurrency landscape. One striking screenshot allegedly from Musk’s own X account was all it took to spark market chatter, ignite debate, and fuel weeks of speculation before careful reporting exposed the truth.
The latest surge of attention began when the popular X account XRP Avengers resurfaced the viral screenshot and posed a simple question: Did Musk really post this?. Their post served instead as a spotlight, reviving an image that had been circulating for months and prompting traders and commentators to take a fresh look at a rumor many had nearly forgotten.
How the Rumor Took Root
Quiet speculation emerged in November 2024 that Musk—tech billionaire, X CEO, and a longtime crypto provocateur—might use XRP’s rapid three-to-five-second settlement speed as the backbone of his long-teased “everything app.” By late November, screenshots began flooding X purporting to show Musk planning a breathtaking $104 billion XRP buy to power global payments on the platform.
Did Elon Musk really posted this 🤯
ElonMusk buying $105 Billion #XRP could be Massive 🔥 pic.twitter.com/oEXXnJkO0W
— ⚔️ XRP Avengers ⚔️ (@XRP_Avengers) September 20, 2025
Crypto blogs seized the narrative. Meme pages amplified it. Some outlets ran “what if” stories that lent an air of credibility. By early 2025, the rumor had evolved into something larger than a single post: it became “the plan,” a supposed masterstroke that no one could verify but many wanted to believe.
Fact-Checking and Reality
When XRP Avengers’ question reignited interest that led to fact-checking. Investigations showed that Elon Musk never posted or endorsed any $104 billion XRP purchase. No such statement exists on Musk’s verified X account.
No transaction of that size appears on the XRP Ledger. Ripple, the company behind the token, has issued no confirmation of any partnership or large-scale investment involving Musk. Independent researchers traced the screenshots to manipulated images and recycled rumors, with no credible source behind them.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
Lessons for the Crypto Community
This saga highlights the speed with which unverified information can race through digital-asset markets. Musk’s history of market-moving tweets makes him an irresistible figure for rumor, and a headline as dramatic as a $104 billion buy is practically engineered for virality. Yet as this episode demonstrates, virality is no substitute for verification.
For investors and enthusiasts alike, the takeaway is unmistakable: before reacting to eye-catching claims, seek evidence in primary sources—verified accounts, on-chain data, and official disclosures.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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