Elon Musk’s former Instagram handle @elonmusk is being auctioned in a Telegram-based username trading group, with bids reported at around $6,000. The sale is taking place in the “Tekk” Telegram group, which focuses on buying and selling social media usernames. According to reports, the account has undergone multiple username changes—eight in total—and currently shows the name “Tekk” in its bio rather than Elon Musk’s name. Musk deleted his verified Instagram account, which once had millions of followers, several years ago. Security researchers and on-chain commentators are raising concerns that whoever acquires the handle could exploit its association with Musk to promote fraudulent activity, particularly memecoins or phishing scams targeting crypto users. Observers on X have warned that a seemingly “official” Elon Musk Instagram account resurfacing could be used to push so‑called “larp coins” or other speculative tokens by impersonating or implying endorsement from Musk. The auction is drawing attention as part of a broader gray market for high‑value or brandable social media usernames, including other provocative handles like @transformers, @terrorists, and @cocaines, which are also being offered in the same group. The situation underscores ongoing risks around account hijacking, handle recycling, and impersonation on major platforms, especially when high-profile names are involved. Crypto investors and social media users are being cautioned to treat any future Instagram account using the @elonmusk handle with skepticism, verify identities through official channels, and be wary of any financial promotions or token offerings connected to it.

AI-generated background, compiled from web sources — not editorial content.

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