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SpaceX Quietly Basks in a $1 Billion Bitcoin Pile – Because Rockets and Crypto Go Hand in Hand
So it turns out Elon Musk’s space company has a secret side hustle: 8,285 BTC, worth about $1 billion, sitting quietly in custody. According to blockchain data, SpaceX hasn’t sold a single satoshi of this stash since mid-2022.
Yes, you read that right. While everyone’s been busy tracking Tesla’s crypto moves, SpaceX has been quietly holding one of the largest Bitcoin positions among private companies.
Why This $1B Bitcoin Hover Mission Matters
- Stealth accumulation
- No flashy press conferences or hype tweets – just silent, strategic stacking of Bitcoin.
- Zero sales for years
- The company reportedly hasn’t offloaded any holdings since 2022, showing a long-term conviction in the asset.
- Balance sheet booster
- As Bitcoin’s price rises, so does SpaceX’s paper wealth – and without launching a single rocket.
- No need for marketing
- Who needs PR when the blockchain broadcasts your confidence to the world?
Still, take it with a grain of crypto dust. These numbers come from on-chain analysis, not an official corporate disclosure, and in the world of Bitcoin, “unconfirmed” is practically tradition.
Before You Crown SpaceX the Crypto King
The value of its Bitcoin fluctuates wildly. What’s $1 billion today could dip to $800 million tomorrow.
This holding doesn’t fund rocket launches; it’s simply a store of value strategy.The custody details and legal structure remain undisclosed.
SpaceX could liquidate part of its stash anytime if market or strategic needs change.
FAQs
Q: How much Bitcoin does SpaceX hold?
A: Around 8,285 BTC, currently worth roughly $1 billion based on recent prices.
Q: When did SpaceX start buying Bitcoin?
A: The company reportedly accumulated its holdings in 2021 and has held firm since mid-2022.
Q: Did SpaceX ever hold more than this?
A: Yes, reports suggest it once had up to 28,000 BTC before reducing the position.
Q: What are the main risks of holding Bitcoin for a company like SpaceX?
A: Price volatility, regulatory uncertainty, and accounting complexities.
Q: Does this affect SpaceX’s main business?
A: Not directly. It doesn’t influence rocket launches or satellite operations, but it adds a modern twist to their balance sheet.
Q: Has Elon Musk confirmed this?
A: No official confirmation yet, but on-chain data strongly suggests the holdings exist.