Currently, cryptocurrencies are the hottest asset class. The prices of crypto assets have fluctuated after celebrity comments. Tesla CEO Elon Musk has been tweeting extensively about crypto assets, which triggered huge volatility. Many people wonder whether Jeff Bezos will back SafeMoon after Musk chose dogecoin.
Bezos and Musk are far from being friends. Previously, Musk called Bezos a “copycat.” He also backed calls to break up Amazon. The two billionaires have differing views on hydrogen fuel technology. While Musk has been critical of fuel cell technology, Bezos invested in ZeroAvia, which is a hydrogen-powered plane start-up. The two billionaires also have competing interests in space exploration.