Recently, Elon Musk may have been spotted by Austin drivers. But not the true individual. They might have instead seen a sculpture of Musk’s head perched atop a goat riding a rocket that was all mounted on a trailer.
The statue, which has flames that appear to shoot from the rocket, was commissioned by the cryptocurrency firm Elon GOAT Token. On Saturday, the business was sending it to Tesla’s Gigafactory in Austin for what it called “Goatsgiving”. According to the company’s website, the Elon GOAT Token ($EGT) sculpture was made to recognize Musk’s many accomplishments and devotion to Cryptocurrency. Tesla, a maker of electric vehicles, is owned by Musk.
$EGT hasn’t grown much over the past year, but its creators thought the Elon Musk statue would motivate the businessman to tweet about the organization and give the token additional publicity.
The company Elon GOAT Token was featured on Twitter’s U.S. trending page for its attempts to deliver the statue. Since Musk bought the social network last month, there have been major layoffs, advertisers who have pulled out, and prospective modifications to the application procedure for the Twitter Blue checkmark.
According to Elon GOAT Token, the sculpture by billionaire Elon Musk cost a total of $600,000. It has a rocket that stands in for the aerospace firm Musk established, SpaceX, and an actual goat that is also an abbreviation for the phrase “Greatest Of All Time.”
Despite its recent exponential ascent, 2022 has been difficult for cryptocurrencies. This month, FTX, a cryptocurrency exchange with a January value estimate of $32 billion, went under. A probe into how the company failed was launched after the CEO left and the company declared bankruptcy.
Millions of dollars’ worth of cryptocurrencies have been taken in scams targeting Coinbase users in the last year.
Even though things have not been good for Elon GOAT Token, co-founder Ashley Sansalone stated on Saturday in a Twitter audio live, the business had set aside enough funds to finish the statue project.
According to the company’s website, they feel that Elon’s prospective acceptance of this biblical-sized gift might rocket $EGT into the spotlight and advance its many endeavours.
A Saturday request for comment from The Washington Post went unanswered from Elon GOAT Token.
Elon GOAT Token confirmed in a tweet on Saturday after live-streaming the ceremony that the monument had arrived at the Austin facility after months of construction and cross-country journey. As of Saturday night, Musk, who has 119 million Twitter followers, had not made any public comments about the project. A Saturday request for comment from The Post was not answered by Tesla.
Kevin Stone, a Canadian sculptor, claimed that Danny Wang, the project’s designer, called him about the project last year but withheld the identity of the statue’s client until after the contract was signed.
Stone at first assumed that Musk himself was the mysterious client. Nobody else, in his opinion, would have hired such a “crazy project.”
The head of the sculpture took the artist over 600 hours to complete after starting work on it in January. Musk’s head sculpture itself measured six feet tall by four feet broad and weighed 250 pounds.
The project offered Stone, who is well renowned for his sculptures of birds and dragons, the opportunity to try something new.
He couldn’t say no because it was so crazy, he explained. He really wanted to be a part of it because it was such a rare opportunity to accomplish something truly unique.
The goat and rockets on the statue were created by the American design and fabrication firm Spectacle.
On Saturday night, Sansalone began a Twitter audio live, claiming that he and those who had travelled with him were 150 feet away from the Gigafactory and that security had requested them to move for their own protection.
Sansalone claimed that the Elon GOAT Token statue was always mean to be entertaining, created to make Musk smile, and that the cryptocurrency company, despite being little in comparison, was attempting to accomplish the same goals as the Tesla CEO.
On Saturday, when the sun sank in Austin, it was uncertain if Musk would permit the statue to remain.
Near the stream’s conclusion, Sansalone declared, they are not going anywhere. They will see how this turns out. They will wait right here.
People shouting, Elon Musk, let’s go! could be heard in the background of the Twitter audio stream. Let’s go, Elon Musk!
