Elon Musk has discussed folding Tesla and SpaceX into a single entity, CNBC reported Tuesday, citing people familiar with the talks. Beyond the operational rationale — growing overlap in power infrastructure and AI computing — the deal would instantly assemble one of the world's largest corporate Bitcoin treasuries.
Tesla holds 11,509 BTC and SpaceX owns 18,712 BTC. Combined, the merged company would control 30,221 Bitcoin worth roughly $3.3 billion at current prices, ranking it fifth globally behind Strategy (MSTR), Twenty One Capital (XXI), Metaplanet, and Marathon Digital Holdings (MARA).
SpaceX is separately preparing to list on Nasdaq after its merger with Musk's AI company xAI, with a private market valuation of roughly $1.25 trillion.
CoinDesk