KeyTakeaways
- Elon Musk’s SpaceX now holds over $1 billion in BTC, per on-chain data.
- The company first acquired Bitcoin in 2021 and has HODLed the reserve for over four years now.
- Tesla, an EV giant spearheaded by Musk, also holds more than $1.4 billion worth of BTC.
Elon Musk’s space technology company, SpaceX, has had its Bitcoin (BTC) holdings run over the billion-dollar mark, as per blockchain data platform Arkham Intelligence. The firm has approximately 8,285 BTC, which is currently worth around $1.02 billion in value as the BTC price trades close to all-time highs.
How Elon Musk-Backed SpaceX Ventured Into Bitcoin
SpaceX made a purchase of Bitcoin in 2021 and has maintained its status for over four years. The value of the holdings of the company has increased a great deal and unrealized profits are estimated to be more than $1 billion. Bitcoin is currently trading at approximately $122,311.26, which is a 1.42% decline in the last 24 hours, yet remains near all-time highs.
In June 2025, SpaceX was spotted with uncommon in-chain transactions with its Bitcoin holdings. It was reported that a wallet belonging to the company moved 1,300 BTC, which is about $153 million, to a new account. This was the first on-chain activity associated with SpaceX in the last three years. The transaction notwithstanding, records indicate that the firm still holds a significant amount of balance that amounts to over 6,900 BTC, which is worth about $810 million in the current market value.
The transfer has been pointed out by the analysts to have been associated with the restructuring of wallets or internal management other than liquidation. The shift came as BTC price was putting in fresh highs, which led to heightened speculation of institutional and corporate participation in the surge.
By the middle of 2025, the total Bitcoin capital of SpaceX and Tesla was estimated to be approximately $2.5 billion. In its Q1 2025 financial report, Tesla affirmed the possession of an estimated amount of 11,509 BTC. It is estimated that the two companies had bought Bitcoin at an average price of entry of approximately $32,000/coin, which translates into a total unrealized profit of over $1 billion.
Observers in the market have noted that SpaceX’s activity in Bitcoin is in keeping with wider institutional involvement in digital assets. Behemoths like Strategy and Marathon Digital have taken a lead in BTC acquisitions with a reserve of $78.08 billion and $6.4 billion, respectively. Moreover, Japanese firms like Metaplanet and Lib Work have also disclosed significant BTC holdings. Meanwhile, spot BTC ETFs have also gained momentum, bagging $1.025 billion in inflows on Monday alone.
Read More: Bitcoin News Today: Lib Work Joins Japan’s Bitcoin Adoption Wave, Buys $3.3M in BTC
