In a surprising and bizarre turn of events, jailed conman Sukesh Chandrashekhar has expressed his desire to invest a staggering USD 2 billion (approximately ₹1,74,38,74,26,000) in Elon Musk’s social media platform, X. Chandrashekhar, who is currently in judicial custody at Mandoli jail in Delhi, penned a letter to Musk, showering him with praise and outlining his investment proposal.
In his letter, Chandrashekhar congratulated Musk on his recent appointment as the head of the US Department of Governmental Efficiency (DOGE), a title that is widely believed to be a joke referencing the meme cryptocurrency Dogecoin. Calling Musk a “revolutionary,” he stated, “You are the Man.”
He continued his letter with excessive admiration, referring to Musk as “solid, Tankman, Bulletproof.” He expressed his admiration for Musk’s accomplishments and stated that becoming a part of X’s growth would be a “craziest and greatest” experience for him.
The Investment Proposal
Chandrashekhar outlined his plan to invest USD 1 billion immediately, followed by another USD 1 billion next year, totalling USD 2 billion. He insisted that his investment was not based on any valuation of X but on his belief in the platform’s future success under Musk’s leadership.
“The investment of the above-mentioned amount is not under any valuation of X, but it’s an investment on what remarkable turn of fortune the company is going to achieve under your leadership,” he wrote. “The bet is always on you, and I surely know X’s value is going to rise to unexpected heights.”
A Personal Touch
Adding a personal angle to his letter, Chandrashekhar stated that X was his and his “Lady Love’s” favourite social media platform. This is believed to be a reference to Bollywood actress Jacqueline Fernandez, whom he has often written letters from prison and claimed to be in a relationship with.
An Attempt to Rebrand?
Chandrashekhar also used the letter to address his own reputation. He acknowledged that many people are judgmental about him but asserted that he always proves them wrong. “For me, now money and success are too boring, it’s too easy. But failure, that’s a secret. Rising up stronger from the ashes of failure is something that gives you the best high,” he wrote.