Tesla-SpaceX Merger Could Create World’s Fifth-Largest Corporate Bitcoin Holder
Tesla is a major global electric-vehicle and energy-storage company, while SpaceX has capabilities spanning rockets, satellite networks and space-based data processing. Elon Musk is considering combining the two companies, with a focus on linking power infrastructure and AI computing resources. If the new entity holds more than 30,000 bitcoin, its exposure to corporate crypto-asset allocation and governance risks would also increase.
As of July 20, 2026, reports said Musk was discussing a merger between Tesla and SpaceX, but no formal agreement, transaction value or completion date had been announced. The combined company would hold more than 30,000 bitcoin, making it the world’s fifth-largest corporate holder, according to estimates. SpaceX also plans to list on Nasdaq following its merger with xAI.
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The history behind this eventSpaceX Eyes June IPO, Discloses Holdings of More Than 8,000 Bitcoin
Elon Musk's SpaceX is built around rocket launches and the Starlink satellite network. If it goes public, investors would gain indirect exposure to Bitcoin price swings alongside the risks of its aerospace operations and capital spending, putting the company's crypto holdings at the center of questions over valuation and financial transparency.
SpaceX originally planned to file confidentially as early as March 2026 and list in June. The latest reports say the IPO is priced at $135 a share and aims to raise $75 billion, with demand nearing four times the offering at $250 billion. The company holds 8,285 Bitcoin, whose market value has fallen to about $545 million as the cryptocurrency's price declined.
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