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Father Errol Musk Seeks to Raise $150 million to $200 million Through Token Project

According to Fortune, Tesla CEO Elon Musk's father, Errol Musk, hopes to raise between $150 million and $200 million through a token project called "Musk It." Musk Sr. said he has no qualms about making money on the "meme coin" under his name because many potential buyers are bound to associate it with his famous son.