The post SpaceX and Tesla Hold $500M in Bitcoin appeared first on Coinpedia Fintech News
SpaceX launched its Polaris Dawn mission, marking the world’s first private spacewalk attempt. The four-person civilian crew embarked on a daring mission at 5:23 a.m. ET, making waves in both aerospace and crypto circles. Blockchain analytics platform Arkham Intelligence revealed that SpaceX holds nearly $500 million worth of Bitcoin, reflecting Elon Musk’s bullish stance on crypto. Musk had previously confirmed that SpaceX, alongside Tesla, owns Bitcoin, but the scale of the investment was uncovered in March 2024 by Arkham.
