That's just my opinion though, based on seeing numerous similar useless projects whose only goal was to make creators make some money and this will probably end the same way.
I don't like projects that are using the popularity of a certain person also. Why not think of a better name that will be their identity? Actually, they are not the first project to use the name of Elon. They even use the photo of Elon when you view their website. Their YT thumbnail is Elon. I don't think that's a good idea. If Elon Musk will learn this, I don't think he will be happy about it.
I agree, the impression is that they are just playing around. there have been many projects that use several famous names and end up being trash. they seem like they don't care about anything else, all they care about is boosting their popularity by being under that big name and trying to get people into their cycle.