Elon Musk Changes Tune, Turns Down $1 Million Offer for Catchy NFT SongTesla's 'Technoking' switched gears after putting up a tweet of a catchy song for sale on Monday.

ByJustin Chan

SpaceX CEO and self-proclaimed Tesla "Technoking" Elon Musk has backtracked from his desire to sell one of his tweets as a non-fungible token (NFT) for $1.1 million.

On Monday, Musk announced on Twitter that he wouldsell a song about NFTs as an NFT. The approximately two-minute song features a catchy electronic beat and a video of a revolving statuette. A female voice can be heard in the background saying, "NFT, for your vanity. Computers never sleep. It is verified. It is guaranteed."

The song was auctioned onValuables, where Bridge Oracle Sina Estavi offered a whopping $1.1 million. Estavi had similarly bid $2.5 million forTwitter CEO Jack Dorsey's very first tweet.

Related:The Man Behind This Hilarious 2012 Meme Just Sold It as an NFT for $36,000

By Tuesday night, however, Musk appeared to have a change of heart. "Actually, doesn't feel quite right selling this," he在推特上. "Will pass."

Non-fungible tokensare digital assets that exist on a blockchain. Althought they cannot be exchanged for a good or service, many people — including public figures — have recently jumped on the NFT craze. Over the weekend, for example, Tampa Bay Buccaneer Rob Gronkowski auctioneda collection of his most memorable Super Bowl celebrationsas an NFT series. It netted him $1.75 million.

Justin Chan

Entrepreneur Staff

News Writer

Justin Chan is a news writer at Entrepreneur.com. Previously, he was a trending news editor at Verizon Media, where he covered entrepreneurship, lifestyle, pop culture, and tech. He was also an assistant web editor atArchitectural Record, where he wrote on architecture, travel, and design. Chan has additionally written forForbes,Reader's Digest,Time Out New York,HuffPost,Complex, andMic. He is a 2013 graduate of Columbia Journalism School, where he studied magazine journalism. Follow him on Twitter at@jchan1109.

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