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Bitcoinâ–˛ Bullish

Tesla and SpaceX Boards Weigh Merger That Would Pool Their Bitcoin Holdings

TradingGain NewsroomTradingGain Newsroom··21 Oct 2026, 16:16 UTC

Elon Musk said the boards of Tesla and SpaceX have each formed committees to study a possible merger. Together, the two firms hold 11,509 BTC and 18,712 BTC, roughly $2.5 billion in total, which would sit on one balance sheet. The plan is still under review, but it could make the combined company a major corporate bitcoin holder.

BTCAt the time of writing, Bitcoin traded at $84,653 (+2.66% in 24h).Live price →

Why it matters

  • Tesla holds 11,509 BTC and SpaceX holds 18,712 BTC, according to Musk's remarks.
  • The combined bitcoin would sit on a single balance sheet, worth roughly $2.5 billion.
  • A large corporate holder could draw attention to how companies hold bitcoin on their books.

What to watch next

Watch for a formal decision from the Tesla or SpaceX board on whether to move ahead with the merger.

This brief is written by TradingGain from public reporting by Decrypt.Read original ↗
Tesla and SpaceX Boards Weigh Merger That Would Pool Their Bitcoin Holdings
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