Elon Musk’s SpaceX Just Moved More of Its $894 Million in Bitcoin Holdings
Update: 2025-10-30
Description
SpaceX, led by Elon Musk, recently transferred $31 million worth of Bitcoin to a new wallet, adding to a series of recent moves involving its Bitcoin stash. With around $894 million in Bitcoin, SpaceX is the fourth largest private corporate holder. Meanwhile, Tesla, another Musk company, holds over $1.2 billion in Bitcoin, seeing significant gains earlier this year. Both companies have been shifting Bitcoin between wallets without explanation, leaving the crypto world guessing about their next moves.
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