Elon Musk's SpaceX and Tesla still hold 18,486 bitcoins, with a total profit of over $1.7 billion.

By: theblockbeats.news|2025/07/22 17:42:15
0
Share
copy

BlockBeats News, July 22, following today's "SpaceX Moves 152 Million US Dollars Worth of BTC for the First Time in Three Years," Musk's SpaceX and Tesla still hold 18,486 bitcoins, with an average cost of around $32,000. Based on the current $118,000 bitcoin price, SpaceX and Tesla have collectively made over $1.7 billion from their bitcoin investments.

Tesla purchased $1.5 billion worth of bitcoin in January 2021 and has sold bitcoin in two separate transactions:

Sold $272 million worth of bitcoin in the first quarter of 2021;

Sold $936 million worth of bitcoin in the second quarter of 2022.

Prior to today, SpaceX's most recent bitcoin transfer was during the market downturn from May 25, 2022, to June 10, 2022, when SpaceX transferred 17,314 bitcoins to Coinbase.

-- Price

--

You may also like

60 Essential Skills, Workflows, and Open Source Projects, the Ultimate Claude Advancement Checklist

Developers, content creators, product builders, and beginners can all use this

SpaceX to Raise $75 Billion | Rewire News Nightly

What additional valuation can the AI unicorn behind in line achieve, which is a bigger question than SpaceX itself

PUMP Valuation Breakdown: On-chain Data Disproves the "Fake Volume" Theory, Where Does the Real Discount Come From?

The project initially started as a niche experiment but quickly became one of the highest-grossing applications on public blockchains.

Tiger Research: What AI services do cryptocurrency companies offer?

Cryptocurrency giants like Binance and Coinbase have fully launched an AI defense battle: Driven by FOMO sentiment, leading platforms are accelerating the deep integration of AI agents into core businesses such as trading, security, and payments.

The war not only drives up oil prices but also causes Circle's stock price to soar

High interest rate expectations combined with the explosive growth of stablecoin infrastructure have led to Circle's stock price doubling in five weeks against the trend: Understanding the dual game of "macro interest rate trading" and "global payment foundation" behind the surge in one article.

When agents become consumers, who will rewrite the underlying logic of internet commerce?

Thirty years ago, due to the high cost of micropayments, the internet had no choice but to adopt an advertising model. Today, the technical threshold for micropayments is nearly zero, but trust has become the most expensive luxury. Whoever can bridge this gap will dominate the next generation of int...

Popular coins

Latest Crypto News

Read more