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flag Errol Musk promotes "Musk It" meme coin, aiming to raise $150-200M for a Dubai think tank.

flag Errol Musk, father of Elon Musk, and his partner Nathan Browne are promoting a meme coin called "Musk It" to raise $150 to $200 million for a Dubai-based think tank called the Musk Institute. flag The coin, launched in December, has surged in value following the announcement. flag Critics warn about the risks of such coins, which can be prone to "pump and dump" schemes. flag Elon Musk is not involved in the project, despite speculation about potential endorsements.

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