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Tesla CEO Elon Musk Did It Again! He Made a Surprise Announcement, and This Altcoin’s Price Soared!

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Tesla CEO Elon Musk has made a new post related to his artificial intelligence, Grok.

Elon Musk said in a post on his X account, “Gork is returning today.”

Following Musk’s post, “Gork,” a long-standing memecoin, saw its value increase by 460% in a single day.

“Gork,” a memecoin based on Solana, experienced a significant surge early this morning following Elon Musk’s tweet, “Gork is back today.”

With this surge, its market value jumped from under $1 million to $14 million at one point, before falling again and currently standing at $5.2 million.

Gork, a memecoin, mimics xAI’s Grok. In May 2025, the token’s market value surpassed $130 million after Musk temporarily changed his X username to “Gorklon Rust” and used a Gork-themed avatar.

Gork’s price surged to $0.013 following Musk’s post, but it has since given back some of that gain. Gork is currently trading at $0.005 at the time of writing.

*This is not investment advice.