In a sign of renewed corporate crypto confidence, SpaceX’s Bitcoin holdings have rebounded past $1 billion as prices hit record highs.
Arkham Intelligence tracking shows the aerospace firm’s 8,285 BTC stash has regained its 10-figure valuation after weathering the 2022 crypto storm.
The company’s Bitcoin history reflects market cycles:
• 2021 Peak: 28,000 BTC ($1.8B)
• 2022 Retreat: 70% sold amid Terra/FTX collapses
• 2024 Recovery: Value restored through price appreciation
This pattern mirrors Tesla’s Bitcoin strategy, with both Musk companies maintaining reduced but still substantial positions. Tesla currently holds 11,509 BTC ($1.42B), suggesting Musk’s enterprises remain committed to crypto despite previous pullbacks.
