Elon Musk Questions US Gold Reserve at Fort Knox

Elon Musk, a tech mogul and the public leader of the US Department of Government Efficiency (D.O.G.E.), has expressed concern about politicians’ inability to access and audit the US national gold storage facility, Fort Knox.

The billionaire suggested, without any proof, that the US gold reserve might be missing and stated that it would be a good idea for D.O.G.E. to audit it. Michael Saylor, the co-founder and executive chairman of Bitcoin-focused company Strategy (formerly known as MicroStrategy), responded to Musk’s tweet, hinting that it is time to forget about gold and proceed with Donald Trump’s plan to create a Strategic Bitcoin Reserve for the US.

Musk Doubts Fort Knox Still Holds US Gold Reserve

Elon Musk has published several tweets contemplating the status of the US gold reserve stored at Fort Knox. Specifically, he questions whether the gold is still there, leaning towards the belief that it may not be.

He did not elaborate on what led him to this belief beyond a response to a post by US Senator Mike Lee. Musk tweeted:
> Who is confirming that gold wasn’t stolen from Fort Knox?
> Maybe it’s there, maybe it’s not.
> That gold is owned by the American public! We want to know if it’s still there.
> — Elon Musk (@elonmusk) February 17, 2025

Senator Lee indicated that his requests to visit Fort Knox were denied, citing it as “a military object.” He noted that despite being a politician who routinely visits military sites, his visit was still rejected.

Saylor’s Bitcoin Response to Musk

Musk’s commentary raised questions about the gold remaining in Fort Knox, asking, “Who is confirming that gold wasn’t stolen from Fort Knox?” He remarked, “That gold is owned by the American public! We want to know if it’s still there,” emphasizing the importance of transparency.

In a recent post, Musk humorously shared a meme stating, “And it’s gone,” accompanied by the comment about searching for the gold at Fort Knox.

Michael Saylor reacted to Musk’s tweet with a familiar Bitcoin advocacy line:
> Bitcoin fixes this.
> — Michael Saylor⚡️ (@saylor) February 17, 2025

During his campaign, Donald Trump suggested the potential creation of a Strategic Bitcoin Reserve under his administration. He has since set up a task force to explore this proposal, while the crypto community waits for concrete actions to be taken.