Cardano Founder Ends Speculation About Meeting With Elon Musk

Charles Hoskinson, the founder of Cardano, has officially denied rumors suggesting that Elon Musk’s recent interview with former President Donald Trump took place at his ranch in Wyoming. The crypto community had been abuzz with conjecture following Musk’s hints about the location of the high-profile interview.

On Monday, Elon Musk, CEO of Tesla and CTO of X, conducted an interview with GOP presidential candidate Donald Trump. Notably, the interview on X Spaces did not touch upon crypto-related topics. But before the interview, Musk tantalized his followers by sharing an image of himself at a friend’s ranch in Wyoming. He revealed, “Doing the ⁦Donald Trump⁩ Space at my friend’s ranch in Wyoming.”

Cardano Founder Just Joking

Speculation quickly mounted within the Cardano community, fueled by Musk’s vague description and a timely compliment from Hoskinson on the ranch’s ambiance, leading many to wonder if the two tech magnates were fostering a deeper business relationship. Hoskinson commented on Musk’s post, saying, “Nice ranch. Like the woodwork. The person has good taste.”

This interaction led followers, including Rick McCracken, a well-known figure in the Cardano ecosystem, to speculate about the location, implying it could be Hoskinson’s property. McCracken commented: “What kind of wood did you use for your interior Charles?” Hoskinson ambiguously responded that the wood was “locally sourced,” what only stoked further speculation.

However, the rumor mill was put to rest when Hoskinson clarified the situation via X, stating: “Alright, we’ve all had some good fun. Musk flew to Jackson and went to Peter Thiel’s place. My ranch is in Wheatland.” This confirmation has redirected the narrative, emphasizing the informal nature of Hoskinson’s initial remarks.

The backdrop of these rumors includes previous attempts by Hoskinson to engage with Musk’s ventures, particularly addressing bot issues on X. During a conversation with Tony Edwards on the Thinking Crypto podcast in mid-June, Hoskinson expressed frustration over the lack of response to his outreach efforts.

“We’ve reached out numerous times to try to engage with various people at X, even offering to do free work with verified tweets or other things just because it’s so bad right now with bots and these other things, and it’s just always silent,” he shared.

Despite Hoskinson’s personal connections with Kimbal Musk, Elon’s brother, he confirmed that there has never been a discussion involving Cardano or any potential collaborations. “I even know Kimbal Musk and I’ve talked to him on several occasions […] never once has [Elon] mentioned Cardano or me or anything,” he noted, squashing any lingering hopes within the community for an imminent partnership.

Thus, the new speculation had a very slim chance of being true from the start. Davide Lucchesi, an indie game developer and team member of the European Cardano Community, remarked: “It would have been the weirdest thing: the guy never even reply or react to any of your posts and comments, even when he is offered coding help for free.”

At press time, ADA traded at $0.3359.