Elon Musk Shocks Again with Surprise Announcement, Causing Altcoin Prices to Skyrocket!

Elon Musk, the CEO of Tesla, has recently shared an update regarding his artificial intelligence project known as Grok.

In a message posted on his X account, Musk announced, “Gork is making a comeback today.”

This announcement triggered a remarkable 460% increase in the value of “Gork,” a well-known memecoin.

The memecoin, which operates on the Solana blockchain, saw its price skyrocket early this morning after Musk’s tweet stating that “Gork is back today.”

As a result of this surge in interest and trading activity, Gork’s market capitalization soared from below $1 million to an impressive $14 million at one point before experiencing some decline. It currently sits at approximately $5.2 million.

The Gork token draws inspiration from xAI’s Grok. Back in May 2025, its market cap exceeded $130 million when Musk briefly changed his username on X to “Gorklon Rust” and adopted an avatar themed around Gork.

Following Musk’s latest post, Gork’s price rose to $0.013; however, it has since retraced some gains and is now trading at about $0.005 as of this writing.

*This information should not be considered investment advice.

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