NBC News reports on what exactly happened during Elon Musk’s appearance on Saturday Night Live — starting with a surprisingly personal monologue:
“I don’t always have a lot of intonation or variation in how I speak,” Musk said, “which I’m told makes for great comedy.” He admitted he’s socially awkward and said he was the first person with Asperger syndrome to host the show — “or at least the first to admit it.”
“I know I sometimes say or post strange things but that’s just how my brain works,” Musk, 49, said. “I reinvented electric cars and I’m sending people to Mars on a rocket ship. Did you think I was also going to be a chill, normal dude?”
ET Canada notes that Twitter users later pointed out that former SNL castmember (and later episode host) Dan Aykroyd has also said he was diagnosed with Asperger syndrome. But NBC notes that Saturday’s show was focused on the interests and eccentricities of Elon Musk.
His mother, Maye Musk, appeared as part of the show’s pre-celebration of Mother’s Day. “I’m excited for my Mother’s Day gift,” she said, before mentioning a form of cryptocurrency hyped by her son. “I just hope it’s not Dogecoin.”
“It is,” said Musk, a big investor in the cryptocurrency…
And later in a skit with Michael Che, Musk had also played a fictional cryptocurrency expert who’s asked repeatedly to explain Dogecoin.
“It actually started as a joke based on an internet meme but now it’s taken over in a very real way,” Musk said. “It’s the future of currency.” Asked again by Che, he said, “I keep telling you, it’s a cryptocurrency you can trade for conventional money.”
“Oh,” Che said. “So it’s a hustle.”
“Yeah,” Musk said, “it’s a hustle….”
Dogecoin tracker Darren Rovell tweeted that the cryptocurrency had, at one point, lost $30 billion in value during the show.
In fact, by early Sunday Dogecoin was down 40%, trading as low as 44 cents, reports CNN:
It’s unclear what was driving the dogecoin selloff. Perhaps investors wanted Musk to say something more supportive of the cryptocurrency. But more likely, there was some “buy the rumor / sell the news” strategy, trying to capitalize on investors’ predictions coming true by selling high.
Dogecoin traded so actively that Robinhood announced early Sunday morning it was having issues processing crypto trades and was working to resolve the problem.
of this story at Slashdot.
Source:: Slashdot