Here's What Elon Musk Said About Dogecoin on 'Saturday Night Live'

Elon Musk is talking Dogecoin on Saturday Night Live!

During his opening monologue on Saturday (May 8), the 49-year-old Tesla CEO made a reference to the cryptocurrency that’s taking the business world by storm.

Find out what Elon Musk said about Dogecoin!

If you didn’t know, Dogecoin was launched as a joke back in 2013 and the value of Doge has risen significantly after Elon endorsed it back in December 2020. It had a huge surge ahead of his SNL debut.

In his monologue, Elon was joined on stage by his famous mom Maye Musk where they talked about his childhood.

Towards the end of the monologue, Maye asked about her Mother’s Day gift.

“I’m excited for my Mother’s Day gift. I just hope it’s not Dogecoin,” Maye said.

“It is. It sure is,” Elon jokingly said back.

Later in the show, Elon appeared during the Weekend Update segment as a “financial expert,” but asked Michael Che to refer to him as “The Dogefather.”

Michael then asked Elon to explain what Dogecoin is.

Elon explained how it all started off as an Internet meme and how it became a valuable cryptocurrency that could be traded for new money.

However, Michael had a hard time understanding Dogecoin, and kept asking Elon to explain it over and over again.

Eventually Michael got it and said, “Oh, so it’s a hustle?”

Elon responded, “Yeah, it’s a hustle” as the audience erupted in laughter.

He then celebrated the cryptocurrency, saying, “to the moon!” before leaving the stage.

See how Elon Musk‘s SNL episode is making history!