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SpaceX Moves $133 Million in Bitcoin Across Wallets, Arkham Data Shows
SpaceX now holds 8,285 BTC worth about $914 million, making it one of the largest private corporate Bitcoin holders. Elon Musk’s SpaceX has shifted more than $133 million in Bitcoin, blockchain analytics firm Arkham Intelligence reported Friday.
The transactions involved 1,215 BTC sent to multiple new addresses, just days after the company executed a similar transfer to wallets under its control.
“SpaceX just moved funds totaling $133.7 million,” Arkham said on X. “They transferred 300 BTC ($33M) and 915 BTC ($100.7M) to new wallets.”
Sources: X
New SpaceX Bitcoin Wallets Unlabeled After $133M Transfer
Unlike earlier transfers this week, the destination wallets are not labeled as belonging to the Hawthorne, California-based aerospace company.
Before the move, SpaceX held roughly 8,285 BTC, valued at around $914 million, ranking it fourth among privately held companies with Bitcoin treasuries.
The company once held as much as 25,000 BTC in 2022 before consolidating and reducing its on-chain balance to current levels.
After years of inactivity, SpaceX resumed limited Bitcoin movement earlier this year, its first recorded on-chain activity since 2021.