SpaceX and Tesla, Elon Musk’s two largest companies, could announce a merger as soon as December, Bloomberg reported on Thursday, citing people familiar with the matter. A deal would bring together about 30,220 bitcoin, worth roughly $2.1 billion.
The boards and their advisers are working out terms and how the combined company would be run. The announcement could still slip into early 2027, according to the report.
SpaceX Holds 18,712 BTC, Tesla 11,509
SpaceX held 18,712 bitcoin at the end of September and Tesla held 11,509, according to their quarterly filings. Both companies reported the same balances as at the end of December 2025, meaning neither has bought or sold bitcoin this year.
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