In short
- A Price CNBC A report suggests that Elon Musk wants to merge his companies SpaceX and Tesla as an IPO looms.
- The two together have more than 30,000 BTC according to the new records, worth more than $2.2 billion in total.
- The combined government may be in the top five most traded in the Bitcoin community.
The merger of SpaceX and Tesla – which is possible – would put the world’s richest man, Elon Musk, in direct control of more than 30,221. Bitcoin about $2.27 billion.
The move would make the company well integrated within the 10th publicly traded Bitcoin economy, make number 5 according to the latest information.
Whether the mega-firm led by Musk will survive remains to be seen, but speculation is growing that the world’s richest man wants to merge the companies, according to the source report Price CNBC. Musk has already integrated the X platform with his technology company xAI, and now he is in the process of integrating xAI with SpaceX, too.
“The two companies already have a laundry list of shared assets, and Musk has discussed with colleagues the possibility of combining the companies,” the report said, citing people familiar with the discussions.
SpaceX’s Bitcoin facility was revealed last week when it said so for the IPOshowing assets of 18,712 BTC worth more than $1.4 billion. The company acquired Bitcoin for only $661 million and has been distributing its share since 2024. according to its SEC filing.
The company He allegedly moved money on-chain for the first time in three years last July, according to on-chain data from Arkham Intelligence. It also moved about $94 million of BTC in December, but the information gathered at the time pointed to the company holding less than 9,000 BTC in total—less than half of what it holds, according to a recent SEC filing.
This position would match Tesla’s 11,509 BTC worth about $862 million, according to its most recent 10-Q filing.
Musk previously identified himself as a The best crypto asset supporter is the market capbut to be revealed in 2020 that despite his wealth, he alone was about 0.25 BTC, now worth about $19,000.
A business talker has a a lot of clear history and Dogecoin (DOGE), meme coin from Shiba Inu which is ranked 10th in the value of crypto in the market.
If SpaceX goes public, the Starbase, Texas company is there seeking a value of about $1.75 trillionwhich would make it the largest initial donation in history.
Bitcoin is down around 1.3% in the last 24 hours, most recently changing hands at $75,021. It’s currently up more than 40% from its $126,080 price tag set last October.
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