Tesla's Austin headquarters gets GOAT statue of Elon Musk. Watch video

World's richest person Elon Musk's head is put on the body of a goat sitting on the back of a rocket in the metal sculpture. According to the Wall Street Journal, the statue cost about $600,000.

According to the media, the enormous statue was presented Saturday at Tesla's Austin headquarters in an event called "Goatsgiving" by the developers of the cryptocurrency Elon GOAT.




According to Elon GOAT's website, the monument was created to celebrate Musk's contributions to Bitcoin. According to the media, GOAT is the greatest of all time. Musk has yet to acknowledge the statue publicly.

The monument, which features what seems like flames shooting from a rocket, was authorised by the cryptocurrency startup Elon GOAT Token. The business sent it to Tesla's Gigafactory in Austin on Saturday, nicknamed "Goatsgiving." According to the company's website, the Elon GOAT Token ($ E.G.T.) sculpture was developed to recognise Musk's various accomplishments and devotion to cryptocurrency. Musk is the CEO of Tesla, an electric vehicle manufacturer.



Elon GOAT Token's efforts to deliver the statue got the firm on Twitter's trending page in the United States. Musk bought the social network last month, prompting a flurry of activity that included massive layoffs, departing sponsors, and prospective modifications to acquiring a Twitter Blue check mark. The Musk sculpture is a homage to the billionaire's renown — a rocket signifying SpaceX, the spaceship firm Musk established, and the actual goat, a term also used as an abbreviation for the phrase.

FAQs:

1. What does it mean to be a GOAT?
   The acronym GOAT stands for Greatest of All Time. The internet slang initialism GOAT is used to compliment athletes, musicians, and celebrities.
2. Who coined the term "goat"?
   The word came from an anticipated source: Muhammad Ali. Lonnie Ali, Muhammad Ali's wife, founded G.O.A.T. in September 1992.