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Elon GOAT Token brings giant Musk statue to Tesla factory in Austin


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People recently driving around in Austin might have seen Elon Musk.

But not the real person. Instead, they may have seen a sculpture of Musk’s head atop the body of a goat riding a rocket, all attached to a trailer.

Complete with what appear to be flames that shoot from the rocket, the statue was commissioned by the cryptocurrency company Elon GOAT Token. The company was delivering it to Tesla’s Gigafactory in Austin on Saturday, during what it dubbed “Goatsgiving.” The Elon GOAT Token ($EGT) sculpture was created to honor Musk’s “many accomplishments and commitment to Cryptocurrency,” the company said on its website. Musk is the owner of electric car manufacturer Tesla.

Over the past year, $EGT hasn’t seen much growth, according to data from tracker CoinMarketCap, but its founders hoped the Musk statue would inspire the entrepreneur to tweet about the company and bring new exposure to the token.

Elon GOAT Token’s efforts to deliver the statue landed the company on Twitter’s U.S. trending page. Musk purchased the social network last month, causing an upheaval with mass layoffs, departed advertisers and potential changes to the process of obtaining a Twitter Blue check mark.

Costing a total of $600,000, according to Elon GOAT Token, the Musk sculpture is a nod to the billionaire’s fame — a rocket representing SpaceX, the spacecraft company Musk founded; and the literal goat, a word that is also used as an acronym for the phrase “Greatest Of All Time.”

Despite exponential growth in recent years, cryptocurrency has had a rough 2022. FTX, the cryptocurrency exchange that was estimated to be worth $32 billion in January, collapsed this month. Its CEO resigned, and the company filed for bankruptcy, prompting an investigation into how the business came undone.

In the past year, millions of dollars in cryptocurrency have been stolen in scams targeting users of exchange operator Coinbase.

Why the FTX collapse has plunged the crypto world into upheaval

Although for Elon GOAT Token “times have not been good,” co-founder Ashley Sansalone said Saturday in a Twitter audio stream, the company had earmarked enough money to complete the statue project.

“We believe that Elon’s potential acceptance of this biblical sized gift could catapult $EGT into the limelight and accelerate its various initiatives,” the company said on its website.

Elon GOAT Token did not respond to The Washington Post’s request for comment Saturday.

After months of construction and travel across the country, the statue arrived at the Austin building, Elon GOAT Token confirmed in a tweet Saturday after live-streaming the event. Musk, who has 119 million followers on Twitter, had not publicly acknowledged the project as of Saturday evening. Tesla did not respond to The Post’s request for comment Saturday.

Kevin Stone, a sculptor based in Canada, said he received a call about the project last year from its designer, Danny Wang, who…



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