- •SpaceX reportedly holds $1B worth of Bitcoin.
- •Reflects growing institutional interest in crypto.
- •Elon Musk remains a key figure in Bitcoin adoption.
Billion-Dollar Bet: SpaceX Embraces Bitcoin
According to recent reports, Elon Musk’s aerospace company SpaceX has accumulated a significant amount of Bitcoin—worth approximately $1 billion. While the company has not officially confirmed the holding, sources familiar with the matter suggest that SpaceX has quietly built up this crypto reserve over time.
This move mirrors Tesla’s earlier investment in Bitcoin, which Musk publicly acknowledged in 2021. Now, with SpaceX reportedly joining the list of corporate Bitcoin holders, the narrative around institutional adoption gains even more weight.
Why SpaceX’s Bitcoin Holding Matters
The idea of a private space exploration firm holding Bitcoin may seem unconventional, but for Musk, it’s a natural progression. He has long been a vocal supporter of cryptocurrencies—especially Bitcoin and Dogecoin. By aligning SpaceX with Bitcoin, Musk is signaling confidence not only in the asset’s future but also in its role within the broader tech ecosystem.
Institutional investors and major companies tend to move cautiously when it comes to financial strategy. A billion-dollar allocation into Bitcoin is not just a headline—it’s a strategic move that could influence others in the tech and aerospace industries to follow suit.
UPDATE: Elon Musk’s SpaceX reportedly holds $1 billion worth of Bitcoin. pic.twitter.com/NfCnGIjh2S
— Cointelegraph (@Cointelegraph) October 7, 2025
Musk’s Ongoing Crypto Influence
Elon Musk’s tweets have historically caused massive swings in the crypto market. With this reported Bitcoin holding by SpaceX, his influence goes beyond social media hype. It reflects real, long-term investment.
His companies are not just talking about crypto—they’re putting serious money behind it. That adds credibility to Bitcoin as a long-term store of value, potentially impacting future corporate treasury strategies.
As crypto markets mature, more companies could follow the SpaceX model—quietly accumulating Bitcoin as a hedge or strategic asset.