PANews reported on May 27th that, according to DogeDesigner, neither Elon Musk nor his companies have issued or affiliated with any cryptocurrency or exchange projects. The statement specifically points out that Grok, SpaceXAI, Tesla, SpaceX, and Neuralink do not have official tokens, and any tokens issued in the market under these brands or project names are not officially authorized. This message warns investors to be wary of counterfeit projects and fraudulent tokens that capitalize on hype, and to avoid financial losses due to being misled by "Musk concept coins."