Elon Musk, CEO of Tesla (TSLA, Financial), has set his sights on a new venture: investigating Fort Knox, the site of America's largest gold reserves. In a recent social media post, Musk expressed interest in confirming the presence of gold at this major U.S. Army base located in Kentucky, which spans approximately 441 square kilometers and houses the U.S. Army Recruiting Command, the Reserve Officers' Training Corps, and the General George Patton Museum.
This interest was sparked by a post from the financial blog Zerohedge, suggesting Musk verify the 4,580 tons of U.S. gold reserves believed to be stored there, last verified in 1974. Musk shared a post from Senator Mike Lee, who was denied access to a military facility in Fort Knox. Senator Rand Paul also encouraged Musk's investigation, questioning the security of the gold reserves.
According to the U.S. Treasury, Fort Knox holds over 147 million troy ounces of gold, accounting for 56.35% of the federal government's reserves. This gold is currently protected by the U.S. Mint Police.
