Elon Musk’s SpaceX Moves 1,300 #Bitcoin After Three Years of Dormancy.
As Bitcoin trades near record highs, SpaceX has moved over 1,300 BTC in a rare on-chain transaction, signaling renewed crypto activity from Elon Musk’s aerospace firm after a three-year break.
Today, Elon Musk’s SpaceX transferred a batch of 1,308 BTC tokens worth approximately $153 million to an unidentified wallet. This marks the aerospace giant’s first major on-chain transaction in over three years.
Data from blockchain intelligence firm Arkham shows the transaction occurred at 05:09:07 UTC on July 22, 2025. Despite the sizable transfer, SpaceX still holds 6,977 BTC, currently worth about $818 million, maintaining its position as a major corporate Bitcoin holder.
The last known crypto outflow from SpaceX occurred on June 10, 2022. On that day, the company transferred 3,505 BTC, then valued at approximately $102 million, to Coinbase. Since then, the company has remained silent on the blockchain until today’s unexpected transaction.
This latest activity comes at a critical moment for Bitcoin, which is trading at $117,574, just 4.55% below its all-time high of $123,091, set on July 14. The bullish momentum in the market may have influenced the timing of the transfer.
