Why SpaceX Just Moved $153M in Bitcoin After 3 Years—And What It Means for Investors Right Now
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.
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