Update Verified:
Reports confirm that SpaceX’s Bitcoin wallet — linked to Elon Musk’s company — moved roughly 2,495 BTC (≈ $153 million) in July 2025, marking its first major transfer since 2022.
According to Arkham Intelligence and coverage by CoinDesk and Yahoo Finance, the BTC was sent to several unknown addresses, sparking renewed speculation over SpaceX’s crypto custody strategy and potential balance sheet adjustments.
At the time, the wallet still held around 7,000 BTC (≈ $830 million).
No official statement from Musk or SpaceX has clarified the reason behind the transfer.
💡 Market Take:
Large institutional BTC movements often stir sentiment — especially when tied to Musk-linked entities. While not directly price-moving, such transfers tend to fuel short-term volatility and on-chain tracking activity.
🔹 2,495 BTC = ≈ $153 million
🔹 Destination: Unidentified wallets
🔹 Last activity: June 2022
🔹 Current holdings: ~7,000 BTC
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