Here's how Elon Musk's SpaceX-Tesla merger could impact 20,000 bitcoin (BTC)
CoinDesk • • business
Key Points:
- Elon Musk is considering a potential merger involving SpaceX, Tesla, or AI firm xAI, drawing attention to their combined bitcoin holdings, which total nearly 20,000 BTC valued at approximately $1.7 billion.
- SpaceX holds about 8,285 BTC (worth $680 million) and Tesla holds 11,509 BTC (worth nearly $1 billion), making them among the world's largest corporate bitcoin holders.
- Tesla reported a $239 million after-tax loss on its bitcoin assets in Q4 2025 due to a price decline, while SpaceX, still private, has avoided quarterly earnings volatility from bitcoin holdings.
- A merger would consolidate bitcoin exposure under one corporate entity, affecting governance, accounting, and financing
