SpaceX-Tesla Merger Would Give Musk Control of 30,221 BTC Worth $2.27 Billion

BTC-1.72%

According to CNBC, if Elon Musk merges SpaceX and Tesla, he would control combined Bitcoin holdings of over 30,221 BTC valued at approximately $2.27 billion, according to recent SEC filings. The combined firm would rank number five among publicly traded Bitcoin treasuries.

SpaceX holds 18,712 BTC worth about $1.4 billion following its recent IPO filing, while Tesla owns 11,509 BTC valued around $862 million. Musk has reportedly discussed with colleagues the possibility of folding the companies together, a move that would benefit from their already-shared resources.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments