Tesla-SpaceX merger could create top 5 corporate bitcoin holder
A potential merger between Tesla and SpaceX would combine their bitcoin holdings, creating one of the largest corporate bitcoin treasuries in public markets.
Elon Musk could soon control one of the largest corporate bitcoin holdings in public markets if Tesla and SpaceX ultimately merge, according to reports surrounding ongoing internal discussions about combining the companies.
CNBC reported Tuesday that Musk has discussed with colleagues the possibility of folding Tesla and SpaceX together, citing people familiar with the talks. A current Tesla employee told CNBC that many workers at the electric vehicle company have long expected such a transaction to eventually happen and that the possibility is openly discussed internally. Another person close to the company reportedly said growing overlap between the businesses — particularly in engineering and manufacturing — has made a merger more logical over time.
For cryptocurrency traders, the implications are significant. Tesla currently holds approximately 9,720 bitcoin on its balance sheet, while SpaceX is estimated to hold around 8,290 bitcoin, based on public disclosures and reports. Combined, the merged entity would hold roughly 18,010 bitcoin, valued at over $1.3 billion at current prices. This would place the new company among the top five corporate bitcoin holders globally, alongside MicroStrategy, Marathon Digital, and others. Such a concentration of bitcoin in a single corporate entity could reduce the available supply on exchanges, potentially supporting prices if the merged company maintains a long-term holding strategy. For the latest real-time crypto prices, traders can check NowPrice's live quotes.
Looking ahead, any formal merger announcement would likely trigger increased market attention on corporate bitcoin accumulation trends. Investors will watch for regulatory approvals and shareholder votes, as well as any statements from Musk about the future of the combined entity's bitcoin strategy. The ongoing discussion also highlights the growing intersection between traditional industrial companies and digital assets, a trend that could reshape corporate treasury management in the years ahead.