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$BTC AMAZING! MUSK WANTS TO BRING SPACEX AND TESLA TOGETHER WITH 30,221 BITCOIN
Bloomberg reported that SpaceX and Tesla could announce their merger as soon as December: it would be the largest corporate deal in history, with a combined value of around $3.4 trillion. To me, what really matters isn’t the size of the business: it’s that 30,221 bitcoin from Elon Musk’s two companies would end up under one roof.
Take a look at the detail no one is noticing:
→ SpaceX holds 18,712 BTC and Tesla 11,509 BTC, according to their quarterly reports as of September: together they’re worth around $2.1 billion at today’s price of nearly $69,000, just 0.06% of their combined value.
→ Those bitcoin were purchased for around $1.05 billion, at an average of ~$34,650 per coin: today they’re worth almost twice as much, an unrealized gain of around $1.04 billion.
→ On Polymarket, the probability of an announcement before December 31 jumped from 10% to 29% within hours of Bloomberg’s report; Tesla’s annual meeting is on December 3.
Do you think the merger will be announced in December or delayed until 2027? 👇
$BTC $TSLA #Bitcoin #SpaceXTesla #Musk