Crypto News

Venezuelan President Accuses Elon Musk in New Conspiracy Claims

Venezuelan President Nicolas Maduro has claimed that Elon Musk, head of Tesla and SpaceX, is behind the actions undermining the Venezuelan government.

Maduro said that Musk, his wealth, and technologies, mainly satellites, are working against the country.

Venezuelan President’s Claims Against Musk

Venezuelan President Nicolás Maduro has claimed that Elon Musk is behind actions aimed at overthrowing the government of Venezuela. During a speech on television, Maduro stated that Musk and his wealth, especially his satellites, were working against the country.

Maduro spoke to the Venezuelan people and said,

‘We knew you were behind everything, Elon Musk, with your money and satellites. It is the representation of fascist ideology in the world.’

This time, Maduro directly implicated Musk in what he considers as the attempts to overthrow his government.

In his tweets on the X platform, Elon Musk discussed the politics of Venezuela and said, “El burro sabe más que Maduro,” which translates to “The donkey knows more than Maduro,” and also called Maduro a clown.

Elon Musk Responds to Allegations

Earlier, Musk described Maduro as a dictator and slammed his government’s economic management. In one of his posts, Musk wrote, “The people of Venezuela have had enough of this clown,” after the people protested and tore down a statue of Hugo Chávez in Venezuela.

Concurrently, Musk has also made controversial remarks regarding U.S. immigration policies by claiming that the current administration of Biden has been smuggling immigrants into several cities in the US to influence the vote.

Musk has also accused Maduro of election fraud, which only worsened the relations between the two parties. However, the Venezuelan president did not give concrete proofs to substantiate his claims against Musk regardless of the accusations. Therefore, critics have questioned, arguing that Maduro’s allegations could be a ploy to shift focus away from domestic matters.

Amid this, an unofficial review of Linda Yaccarino’s tenure as CEO of Musk’s social media platform, X, has surfaced. Subsequently, as noted by Coingape, the platform was also commended for being transparent, allowing free speech, and giving the audience the opportunity to know their reaction. Still, it was observed that although not all reactions are positive, the unfiltered feedback is the spirit of free speech that Musk supports.

Read Also: US Govt To Sell Entire Bitcoin Holdings, Peter Schiff Predicts

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Kelvin Munene Murithi

Kelvin Munene is a crypto and finance journalist with over 5 years of experience, offering in-depth market analysis and expert commentary . With a Bachelor's degree in Journalism and Actuarial Science from Mount Kenya University, Kelvin is known for his meticulous research and strong writing skills, particularly in cryptocurrency, blockchain, and financial markets. His work has been featured across top industry publications such as Coingape, Cryptobasic, MetaNews, Cryptotimes, Coinedition, TheCoinrepublic, Cryptotale, and Analytics Insight among others, where he consistently provides timely updates and insightful content. Kelvin’s focus lies in uncovering emerging trends in the crypto space, delivering factual and data-driven analyses that help readers make informed decisions. His expertise extends across market cycles, technological innovations, and regulatory shifts that shape the crypto landscape. Beyond his professional achievements, Kelvin has a passion for chess, traveling, and exploring new adventures.

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