SpaceX Holds $1.45 Billion Worth of Bitcoin

Elon Musk's SpaceX has amassed a significant Bitcoin holding, currently valued at approximately $1.45 billion. This substantial investment, comprising over 18,000 Bitcoin, positions SpaceX as the seventh-largest holder of the cryptocurrency, surpassing major exchange Coinbase. The revelation comes as SpaceX reportedly explores the possibility of going public, potentially integrating its digital asset strategy with its future corporate structure. This move highlights a growing trend of institutional adoption of Bitcoin by major technology and aerospace companies.