Tesla-SpaceX Merger Could Create $3.3B Corporate Bitcoin Treasury
CNBC reported on Tuesday that Elon Musk has discussed merging Tesla and SpaceX with colleagues, according to sources familiar with the talks. The potential merger would combine Tesla's 11,509 bitcoin and SpaceX's 18,712 bitcoin into a total holding of 30,221 bitcoin, worth approximately $3.3 billion. This would make the merged entity the fifth-largest public corporate holder of bitcoin globally, trailing only Strategy (MSTR), Twenty One Capital (XXI), Metaplanet, and Marathon Digital Holdings (MARA). The discussions come as SpaceX is expected to begin trading on Nasdaq next month after its merger with xAI, and as the companies increasingly collaborate on power infrastructure and AI computing. Neither Tesla nor SpaceX has confirmed the merger plans. Musk has been a influential figure in crypto, often moving markets with his comments on bitcoin and dogecoin.
Key facts
- Elon Musk has discussed merging Tesla and SpaceX internally.
- Combined bitcoin holdings would total 30,221 BTC worth ~$3.3B.
- Merged entity would be fifth-largest public corporate bitcoin holder.
- SpaceX expected to list on Nasdaq next month after xAI merger.
- Neither company has publicly confirmed merger talks.