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Elon Musk could become a top 5 corporate bitcoin holder if Tesla and SpaceX merge

CoinDesk
A potential merger between Tesla and SpaceX could create a massive combined bitcoin treasury, ranking the firm among the top five corporate holders.

Summary

Reports suggest that Elon Musk is considering merging Tesla and SpaceX, a move that would consolidate their substantial bitcoin holdings. Currently, Tesla holds 11,509 BTC and SpaceX holds 18,712 BTC; combined, they would control 30,221 bitcoin, worth approximately $3.3 billion at current prices. This total would position the merged entity as the fifth-largest public corporate holder of bitcoin globally, trailing behind firms like MicroStrategy and Marathon Digital.

(Source:CoinDesk)