Elon Musk Crypto Giveaway DeepFake Video Goes Viral: Here’s What We Know So Far

With the widespread rise of AI, the potential dangers have also risen posing severe threats and dangers. Even SpaceX and Tesla owner Elon Musk are not untouched by the side effects of AI. A deepfake video of Elon Musk falsely promoting a 20 million dollar cryptocurrency giveaway is making rounds on the internet. The video showcases that a multimillion-dollar businessman is promoting cryptocurrency giveaways and promoting a website called Elon4u.com. Also Read: Elon Musk’s X Revamps Creator Earnings, Offers $1 Million Payout In 2026

What’s the Matter?

The viral video of Elon Musk promoting cryptocurrency giveaway is getting viral on the internet. In the video Elon Musk says, “Here’s a surprise for everyone. I’ll be doing a $20 million crypto giveaway at Elon4u.com for one week starting on December 13.” He even reassures viewers by adding, “If I am serious? Yes, go to Elon4u.com. It’s just a few quick steps that shouldn’t take longer than three minutes.” Also Read: Elon Musk’s Grok To Stop Creating Undressed Images Of Real People On X

BREAKING: A deepfake of Elon Musk promoting a $20 million crypto giveaway is going viral. Also Read: Grok AI Controversy: Why Grok Is Being Banned And Accounts Are Being Deleted On X

Elon Musk and his companies are NOT doing any crypto giveaways. Don’t fall for scams! Stay safe. pic.twitter.com/HdtCqNfHoX

— DogeDesigner (@cb_doge) December 15, 2024

Nevertheless, the video is entirely fake and is made using AI. A Twitter user named DogeDesigner clarified that the video is DeepFake and warns users about not getting trapped in the scam. His post says “BREAKING: A deepfake of Elon Musk promoting a $20 million crypto giveaway is going viral. Elon Musk and his companies are NOT doing any crypto giveaways. Don’t fall for scams! Stay safe.”

How to Identify If a Video is DeepFake:

Identifying a deepfake video is not an easy task but with minute notice like facial expressions, transition, abrupt changes, and pay attention to lip sync mismatch. You need to look for movements that can range from slight to more misalignments. There will be inconsistency in lighting and backgrounds. In addition, you can also notice or scrutinize background details which can help you identify the DeepFake video.

However, in the rapidly evolving digital and AI landscape, it becomes quite struggling to identify these kinds of videos. But by closely examining you can save yourself from getting trapped in the scam of these videos.