What do Elon Musk and Stripchat have in common? No, it isn’t large upright phallic objects, it is SPAC.

After previously (as in Nov 2020, which seems like years ago) warning caution about SPACs it seems his interest is renewed.

As ever enigmatic it isn’t clear what Elon Musk thinks about them now.

But Stripchat is clearer in their intentions.

“The SPAC trend has taken the world by storm,” said Max Bennet, VP of New Media at Stripchat. “We’re excited to be the first adult technology investors planning to launch a blank check company focused on this space. Stripchat is not only bringing sexy back, but we’re also bringing sexy SPAC!”

According to Entrepreneur magazine the new company is going to be called “StripSPAC Acquisition Corp”, but apart from that there seem to be no details..

How is that going to change the way that models and viewers use Stripchat.com? Probably not at all directly, but indirectly if Stripchat is able to find new revenue streams then they are going to be more successful and you can expect more options in the future.

This isn’t the only time that Stripchat has followed in Elon Musk’s footsteps, just last month they announced that they would be accepting the Cryptocurrency DOGE, the jokey bitcoin-parody that has gained real value not least of all because of Elon Musks’s tweets.

“We are always looking to adopt better technologies and offer more convenient ways for our users to make payments. If adding DOGE can improve Elon Musk’s and people’s experience on Stripchat, we are here to accept it,” says Max Bennet, VP of New Media at Stripchat. “Both users and models are more actively using Crypto as their preferred payment methods. We have seen a 400% increase in the number of Cryptocurrency transactions since the beginning of 2020, and 10% of all active models on Stripchat are using Crypto as their primary payout method.”

Is Elon Musk a good lead for a cam site to follow? Let us know your thoughts in the comments or the forum.