Admitting that he is late to the game on bitcoin, Musk said that he should have bought some eight years ago when his friend fed him a slice of a bitcoin cake.

Elon Musk Confirms He Supports Bitcoin

In an interview on The Good Time Show via the Clubhouse app Sunday night, Spacex and Tesla CEO Elon Musk talked about bitcoin and dogecoin.

"I've got to watch what I say here because some of these things can really move the markets," Musk responded when asked to comment about bitcoin. "Many friends of mine have tried to convince me to get involved in bitcoin for a long time … I was a little slow on the uptake." He added that one of his friends called Billy had a bitcoin cake, and he fed him a slice in 2013.

"I at least should have bought some bitcoin eight years ago," Musk admitted, elaborating:

"I do at this point think bitcoin is a good thing. I'm late to the party but I'm a supporter of bitcoin and I think bitcoin is really on the verge of getting broad acceptance by conventional finance people."