SpaceX Transfers $133 Million in #Bitcoin Amid Renewed On-Chain Activity
#Elon Musk’s SpaceX has moved 1,215 BTC (worth about $133.7 million) to multiple new wallet addresses, according to Arkham Intelligence. The transfers included 300 BTC ($33M) and 915 BTC ($100.7M), following similar transactions earlier this week.
Before these moves, SpaceX held 8,285 BTC—valued near $914 million with Bitcoin trading above $110,000—ranking it fourth among private firms with the largest BTC reserves.
The reason behind the transfers remains unclear, and SpaceX has not commented on whether it plans to sell any of its holdings. The company had been inactive on-chain for nearly three years until earlier in 2025.
Meanwhile, Tesla, another Musk-led firm, still holds 11,509 BTC (over $1.27 billion), placing it among the top public companies with significant Bitcoin reserves.
