🚀 Viral crypto news: a SpaceX + Tesla merger would put 30,221 BTC on ONE balance sheet
Bloomberg reports the two Musk companies are in advanced merger talks — an announcement could come as early as December. Combined value would be ~$3.4T, the biggest corporate deal ever.
The Bitcoin angle:
• SpaceX holds 18,712 BTC
• Tesla holds 11,509 BTC
• Combined: 30,221 BTC, worth ~$2.1B at current prices
• Bought for ~$1.05B — roughly $1B in unrealised gains
No deal is signed yet — regulatory hurdles remain and it could slip to early 2027. But Polymarket odds of a December announcement jumped from 10% to 29% overnight.
Meanwhile $BTC spot is ~$67,500, down ~4% on the day after dipping below $68,000 again this morning, with $1.29B liquidated across crypto in 24h. Even a $2.1B corporate stack can't lift this market right now — but if the merger lands, one board would control one of the largest corporate BTC treasuries on Earth.
Not financial advice. DYOR.
#Bitcoin #Crypto #Tesla
Bloomberg reports the two Musk companies are in advanced merger talks — an announcement could come as early as December. Combined value would be ~$3.4T, the biggest corporate deal ever.
The Bitcoin angle:
• SpaceX holds 18,712 BTC
• Tesla holds 11,509 BTC
• Combined: 30,221 BTC, worth ~$2.1B at current prices
• Bought for ~$1.05B — roughly $1B in unrealised gains
No deal is signed yet — regulatory hurdles remain and it could slip to early 2027. But Polymarket odds of a December announcement jumped from 10% to 29% overnight.
Meanwhile $BTC spot is ~$67,500, down ~4% on the day after dipping below $68,000 again this morning, with $1.29B liquidated across crypto in 24h. Even a $2.1B corporate stack can't lift this market right now — but if the merger lands, one board would control one of the largest corporate BTC treasuries on Earth.
Not financial advice. DYOR.
#Bitcoin #Crypto #Tesla