Errol Musk plans to raise $150M-$200M with the Musk It meme coin, which surged 1780%, despite Elon Musk calling him a "terrible human being".

Errol Musk endorses 'Musk It,' a memecoin aiming to raise $150-200 million for the Musk Institute. Questions remain about its purpose and legitimacy.

Errol Musk hopes to raise as much as $200 million for a planned for-profit think tank using proceeds from the cryptocurrency.

Memecoins have once again captured the crypto world’s attention, but this time it’s not Elon Musk making headlines—it’s his father, Errol Musk. The 77-year-old has endorsed “Musk It,” a meme-based cryptocurrency that aims to raise between $150 million and $200 million.