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Elon Musk backed Coinbase Global Inc. CEO Brian Armstrong's criticism of traditional philanthropy after the crypto executive argued that charitable foundations can drift from their founders' intentions and become "captured by ideology."
"He's right," Musk wrote Thursday on X in response to a video of Armstrong discussing how wealthy people should approach giving.
He's right
— Elon Musk ( @elonmusk ) August 27, 2026

#right #finance #Coinbase #global