Why SpaceX Just Moved $153M in Bitcoin After 3 Years—And What It Means for Investors Right Now
Is SpaceX gearing up for a cosmic Bitcoin shuffle, or is this just a savvy internal reorganization? After three solid years of radio silence in the crypto world, Elon Musk’s aerospace powerhouse just moved over 1,300 Bitcoins—about $153 million—marking its first on-chain activity in ages. With Bitcoin recently rocketing past all-time highs, this rare transaction has everyone scratching their heads and wondering if SpaceX is prepping for liftoff in the digital asset realm or simply rebalancing their stellar crypto portfolio. Whatever the motive, this move spotlights just how intertwined Musk’s empire is with the world’s leading cryptocurrency, holding a combined $2 billion in Bitcoin with Tesla. Ready to dive into the details and catch the next big wave in crypto-business synergy? LEARN MORE.
Elon Musk’s aerospace firm made a rare move after Bitcoin established a new all-time high.
Key Takeaways
- SpaceX transferred $153 million in Bitcoin, its first crypto movement in three years.
- The move was identified by blockchain analytics firm Arkham.
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A wallet tied to SpaceX, Elon Musk’s space exploration company, moved more than 1,300 Bitcoin (BTC) worth approximately $153 million to a new address on Tuesday, Arkham Intelligence data shows. It’s the first on-chain activity from the wallet in three years.
SpaceX-labeled wallet still holds over 6,900 BTC, valued at around $810 million at current market prices.
While the motive behind the move is unknown, it’s possible the wallet owner is reorganizing its storage infrastructure rather than preparing for a liquidation.
As of mid-2025, Tesla and SpaceX held around $2 billion in Bitcoin, Arkham previously reported. Tesla currently holds approximately 11,509 BTC, as per the company’s Q1 earnings report.
The companies acquired their Bitcoin at an average price near $32,000 per unit, and have held these positions long-term, currently sitting on unrealized profits close to $1.5 billion.
ELON MUSK’S COMPANIES OWN $2 BILLION IN BITCOIN
Tesla and SpaceX hold over $2 BILLION of BTC combined. They purchased this at an average price of ~$32K.
Combined, Elon’s companies are up almost $1.5 BILLION on Bitcoin. pic.twitter.com/w8jofpTYNA
— Arkham (@arkham) June 27, 2025
Bitcoin recently surged past $122,800 to a new all-time high, prompting a Satoshi-era whale to cash out 80,000 BTC. At the time of reporting, the asset was trading above $117,000, CoinGecko data shows.
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