🚨🚨 Crypto headline:

SpaceX & Tesla Explore Merger That Would Unite Over 30,000 BitcoinWhat happened:
Elon Musk confirmed on SpaceX’s Q3 earnings call that both companies have formed independent special committees to evaluate a potential merger. A deal would combine SpaceX’s ~18,712 BTC and Tesla’s ~11,509 BTC into one treasury of roughly 30,221 BTC (≈ $2.5B at current prices).

coindesk.com

Why traders are watching:
It signals ongoing corporate conviction in Bitcoin as a treasury asset from two of Musk’s biggest companies. BTC has pushed to a one-week high near $83,500 on the back of strong SpaceX earnings and an Asian tech/AI rebound, with traders watching for any further upside momentum.

coindesk.com

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