If you’re a Twitter user with an interest in tech, you might be seeing some incredibly scammy ads right now. Some of the ads even use Musk’s face to sell SpaceX-themed crypto, falsely claiming the billionaire has endorsed the digital product.
Musk has publicly touted his investments in crypto like Bitcoin and Dogecoin, but the billionaire Twitter CEO has never started his own cryptocurrency. And the ad above, which is currently making money for Twitter, is transparently a scam.
“Investors who acquire 3,000 SpaceX Tokens will be eligible to spin a Lucky Wheel that could result in winning a variety of prizes, including a trip to Mars in 2025, a flame thrower from The Boring Company, a Neuralink brain chip that interfaces with OpenAI, or token bonuses,” the scam website claims.Again, Musk has never launched his own token and whoever’s really behind this ad doesn’t have the ability to give people things like a Neuralink brain chip or a trip to Mars.
Aside from photos of Musk, the ads also frequently use the logos of reputable crypto news outlets, as you can see in the screenshot I’ve highlighted below. That logo is for Coin Telegraph, a real crypto news site, though these scammers have no known association with the outlet.The ads are also sometimes run on accounts that have purchased Twitter Blue, the subscription service that costs $8 per month for individuals.
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