Elon Musk's 'Kekius Maximus' name change stirs crypto waves
Elon Musk, the world's richest person, altered his name and picture on the X platform to "Kekius Maximus." As the BBC reported, the name and especially the new photograph are linked to right-wing groups.
Elon Musk, known for his influence on the cryptocurrency market, changed his name on the X platform to "Kekius Maximus". The new name and profile picture, featuring Pepe the Frog in Roman military attire, caused a stir. The BBC reports that the frog is a meme often associated with far-right groups.
Musk's name change raised the value of the meme coin of the same name. Although Musk had previously impacted cryptocurrency prices with his comments, it is unclear if this is related to his name change. "Kekius is the Latin form of "kek," a term used by gamers and also the name of the Egyptian god of darkness.
According to the BBC, "Maximus" may refer to the character from the film Gladiator. Musk, who is closely associated with President-elect Donald Trump, has not clarified the reasons behind the name change. His activities on the X platform often provoke strong reactions in the cryptocurrency world.
Elon Musk is the wealthiest person globally. He was born in South Africa and founded companies like PayPal, SpaceX, Tesla, Neuralink, and The Boring Company. For the last two years, he has owned the X platform, previously known as Twitter. According to Bloomberg, Musk's fortune is nearing £368 billion. It is estimated that since the beginning of 2024, Musk has increased his wealth by approximately £179 billion.
The billionaire frequently causes controversy and astonishment with his statements. He once asserted that the panic surrounding the coronavirus is foolish. He promoted the use of anti-malarial drugs for treating COVID-19, disregarding advice from professionals and healthcare workers. Additionally, he criticised LGBT-related groups and is often accused of lacking empathy towards transgender individuals.
