William Shatner says he turned a $42 money transfer from Elon Musk into nearly $200,000 for his charity
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William Shatner says he turned a $42 money transfer from Elon Musk into nearly $200,000 for his charity
"One day, Musk writes to me, 'Well, I don't have my fortune tied up in cash. It's all in ownership of the variety of companies,' Shatner said. 'So I jokingly say, Well, if you need a few dollars, I can lend you a few dollars.' Instead of taking him up on the offer, Shatner said Musk sent him $42 - a nod to The Hitchhiker's Guide to the Galaxy, a number Musk frequently invokes."
"X Money is currently in beta, with select users testing the app. The product is central to Musk's broader ambition to turn X into an everything app, which also includes a financial services platform. Musk has said the app will offer users a 6% annual percentage yield - significantly higher than many traditional savings accounts."
"Shatner, who has run the Hollywood Charity Horse Show for 35 years to benefit children and veterans, said he decided to turn the $42 into a fundraising tool, eventually raising nearly $200,000 for charity through this initial digital currency transfer from Musk."
William Shatner received $42 from Elon Musk through X Money, Musk's payments product being tested within the X app. The $42 was a reference to "The Hitchhiker's Guide to the Galaxy," a number Musk frequently uses. Shatner leveraged this initial transfer into a fundraising effort that raised nearly $200,000 for charity. The actor has maintained a distant relationship with Musk over the years, describing their exchange as "jocular" between a wealthy entrepreneur and an elderly actor. X Money is currently in beta testing with select users and represents part of Musk's vision to transform X into an "everything app" with financial services capabilities, including a 6% annual percentage yield on savings.
Read at Business Insider
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