How a lot BTC does Elon Musk's SpaceX maintain? A better look

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U.As we speak – Blockchain analytics platform Arkham Intelligence lately featured an attention-grabbing tackle Elon Musk-owned SpaceX, which comes at a time when the aerospace tech large celebrated a serious milestone by launching 4 astronauts on the world's first non-public spacewalk.

SpaceX's latest mission took flight as we speak, a daring and harmful journey that may see a four-person non-public crew enter Earth's Van Allen radiation belts and carry out the primary business spacewalk. The mission, named Polaris Daybreak, lifted off at 5:23 a.m. EST.

Whereas SpaceX is primarily recognized for its formidable area missions and cutting-edge expertise, the corporate is equally bullish on , the most important cryptocurrency by market cap, and holds a major quantity of BTC.

SpaceX's Bitcoin holdings at the moment are near $500 million, in line with Arcam Intelligence, signaling the corporate's bullish stance on the main cryptocurrency.

“However do you know SpaceX isn't simply bullish on area? They're additionally bullish on BTC, with holdings of practically $500 million,” Arkham Intelligence tweeted.

SpaceX’s Bitcoin holdings

Billionaire Elon Musk has beforehand stated that SpaceX holds Bitcoin. In 2021, throughout “The B Phrase” on-line convention, Elon Musk stated that his aerospace expertise firm, SpaceX, has invested in Bitcoin.

“I personal bitcoin, Tesla (NASDAQ:) owns bitcoin, SpaceX owns bitcoin,” Musk stated, including that he additionally owns bitcoin and SpaceX. Musk didn’t disclose how a lot he or his firm have invested, however stated he owns considerably extra bitcoin than Dogecoin or Ethereum.

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Nevertheless, the scale of the spaceship producer's BTC funding remained unknown till Arkham Intelligence revealed its findings in March 2024.

Firms owned by Musk maintain important quantities of Bitcoin, although the precise quantity stays unknown.

This text was initially revealed on U.As we speak