Elon Musk’s Companies Are Sitting on a Massive Bitcoin Fortune
Turns out, Elon Musk’s businesses have quietly amassed one of the biggest Bitcoin stashes out there. According to fresh data from Arkham Intelligence, Tesla and SpaceX together hold over $2 billion worth of BTC—and they’re up by nearly $1.5 billion on paper.
The numbers come from Arkham’s blockchain tracking, which tied specific Bitcoin wallets to both companies. Tesla’s investment has been public since 2021, when it dropped $1.5 billion into Bitcoin and even briefly took BTC payments for cars. SpaceX, though? That one flew under the radar until now.
Buying Low, Holding Tight
The average purchase price for their combined holdings sits around $32,000 per Bitcoin. With prices now well above that, the strategy looks smart—or at least, very patient. Neither company has been flipping coins for quick profits. Instead, they’ve held through the ups and downs, and it’s paying off.
That kind of long-term approach might not be flashy, but it’s a reminder that big players often accumulate when no one’s watching. And while Musk hasn’t talked much about Bitcoin lately, these holdings suggest his companies haven’t lost interest. If anything, they’ve doubled down behind the scenes.
More Than Just Profits
Having billions in Bitcoin on the books isn’t just about waiting for prices to climb. It opens doors. Tesla and SpaceX could use their BTC for financing, hedging, or other moves that traditional cash doesn’t allow. That flexibility matters, especially for companies always pushing into new territory.
Arkham’s findings also raise questions: if SpaceX’s Bitcoin was hidden this long, who else is holding big crypto reserves without fanfare? Corporate wallets don’t always come with name tags.
The Other Big Player
Of course, Musk’s companies aren’t the only ones stacking Bitcoin. Michael Saylor’s MicroStrategy has been aggressively buying, too—just more loudly. The firm has made 21 BTC purchases this year alone, and 20 of those are already in profit. Saylor’s become something of a Bitcoin evangelist for corporations, urging others to follow his lead.
The difference? Musk’s firms have kept things quiet. No hype, no grand statements—just steady accumulation. Whether that’s by design or just how they operate, it’s working for them. And with Bitcoin’s price still volatile, their patience might keep paying off.
For now, though, one thing’s clear: between Tesla and SpaceX, Musk’s empire has a serious stake in Bitcoin’s future. And that’s not something the market will ignore.
