Elon Musk’s Potential Control of Major Bitcoin Holdings Through Tesla and SpaceX Merger
- Tesla currently holds 11,509 bitcoin, while SpaceX owns 18,712 bitcoin.
- Combined, the companies would control 30,221 bitcoin worth approximately $3.3 billion.
- This total would position the merged entity as the fifth-largest public corporate holder of bitcoin globally.
- SpaceX is expected to begin trading on Nasdaq next month with a valuation around $1.25 trillion.
- Musk has influenced cryptocurrency markets significantly, impacting prices through comments on bitcoin and dogecoin.
Ongoing discussions about merging Tesla and SpaceX highlight a growing collaboration between the two companies, particularly in power infrastructure and AI computing constraints. If finalized, this merger would create one of the largest corporate bitcoin treasuries in existence.
The potential combined holdings of 30,221 bitcoin could solidify Musk’s status among top corporate holders in the cryptocurrency space.
