Tesla CEO Elon Musk, who stands out with his support for cryptocurrencies, especially Dogecoin (DOGE), shared a new post.
At this point, Elon Musk, who has targeted different memecoins, this time targeted the memecoin named Floki Inu (FLOKI).
Musk joked about his dog returning to the CEO role at X. Accordingly, Elon Musk shared that his Shiba Inu dog, Flōki, is “back in business” as CEO of X.
“Flōki has been reinstated as CEO of X!”
This post was a humorous reference to past humorous posts and Musk's penchant for blending humor with corporate commentary, and FLOKI surged following the post.
It rose by over 15% after Musk's post.
Flōki is back on the job as 𝕏 CEO! pic.twitter.com/Zu29Dos24r
— Elon Musk (@elonmusk) October 20, 2025
*This is not investment advice.
