Elon Musk praised Canadian opposition leader Pierre Poilievre, a pro-Bitcoin politician, on his X platform. Poilievre is campaigning for Prime Minister after Justin Trudeau announced his resignation. Musk highlighted Poilievre's views on cutting government spending to combat inflation, a stance Musk supports. Poilievre has been an advocate for Bitcoin, encouraging Canada to become the 'blockchain capital of the world.' He previously stated that Canadians should be free to use alternatives like Bitcoin, criticizing the Canadian dollar's management under Trudeau. Polls indicate Poilievre leads in the race, buoyed by Musk's endorsement, which intersects with Musk’s own cost-cutting goals through a proposed government department focused on Dogecoin. This has sparked investor enthusiasm for Dogecoin, which has seen price fluctuations tied to Musk's comments. Despite this attention, Musk clarified he is not actively involved in cryptocurrencies, primarily enjoying their memes. Meanwhile, European politicians have reacted to Musk's controversial remarks, reflecting on his recent public impact.

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