The Bitcoin Bonanza: What's Behind SpaceX's $1. 45 Billion Crypto Cache? SpaceX has revealed that it holds 18,712 bitcoins, worth approximately $1. 45 billion at current prices.
This disclosure upends previous estimates and raises questions about Elon Musk's affinity for cryptocurrency. The company's holdings now exceed those of Coinbase by a significant margin – more than 2,000 bitcoins.
SpaceX first entered the bitcoin market during the pandemic era surge in 2021, when prices skyrocketed due to widespread adoption and speculation.