Crypto NewsBitcoin NewsBlockchain NewsBusiness NewsCrypto News

Unveiling the Bitcoin Assets of Tesla and SpaceX: A Deep Dive by Arkham Intelligence

Through meticulous on-chain analysis, Arkham Intelligence reveals the extensive Bitcoin holdings of Elon Musk's Tesla and SpaceX, aligning with their financial disclosures and sparking discussions in the crypto community.

Arkham Intelligence has made headlines by identifying the Bitcoin addresses of two of the most influential companies in technology and space exploration, Tesla and SpaceX. Their investigation reveals that the combined holdings of these companies amount to a staggering 19,794 BTC, valued at over $1.33 billion. This discovery is not only a testament to the growing acceptance of cryptocurrency in mainstream business but also aligns perfectly with the financial statements previously released by both entities.

Tesla’s engagement with Bitcoin has been particularly noteworthy, having purchased $1.5 billion of BTC in January 2021 and later utilizing the cryptocurrency as a payment method for its vehicles between March and May 2021. Although the electric car giant sold a portion of its holdings in two separate transactions, its current stash is valued at approximately $780 million across 68 addresses. SpaceX, on the other hand, has maintained a quieter but significant presence in the crypto space with 8.29K BTC valued at $560 million across 28 addresses.

Arkham’s revelation not only highlights the intricate relationship between technology leaders and the burgeoning cryptocurrency market but also emphasizes the critical role of on-chain analysis in demystifying the financial maneuvers of industry giants. As Tesla and SpaceX continue to navigate the volatile landscape of digital currencies, their actions will undoubtedly have far-reaching effects on both the financial and technological sectors.

This blending of cutting-edge technology, finance, and influential personalities like Musk showcases the dynamic interplay shaping the future of business and innovation. As the world watches, the moves made by these entities could set precedents for how cryptocurrencies are integrated into global commerce and beyond.


Greetings, I go by the name of Flavien - a devoted supporter of cryptocurrency and a tech aficionado who has been keeping track of the developments in the world of blockchain and digital currencies since 2019. The potential of decentralized digital currencies to revolutionize our financial systems has captivated me, and I'm constantly exploring the most recent trends and advancements in this ever-evolving industry. As a content creator for Krypto Channel, my aim is to deliver informative and engaging articles that shed light on all aspects of the crypto world. Whether you're a seasoned investor or simply curious about blockchain technology, I am here to keep you updated on the latest happenings and trends. Being part of this lively and dynamic community is an honor, and I am thrilled to share my passion for cryptocurrency and blockchain with all of you.
Back to top button