Beyond its technology businesses, the proposed merger could consolidate two of the world's largest corporate Bitcoin treasuries
·2 min read
Compiled by KHAO Editorial
— aggregated from 8 sources.
See llms.txt for citation guidance.
✓ KHAO Verified
According to the companies’ June 30 regulatory filings, SpaceX holds 18,712 BTC, while Tesla owns 11,509 BTC.
Key facts
The disclosure follows SpaceX's third-quarter results, with revenue up 161% to $15 billion, including $8 billion from its Super Intelligence segment
Their combined holdings of 30,221 BTC would be worth about $2,508 million at a Bitcoin price of around $83,000
Its latest financial statements valued digital assets at $1,573 million as of September 30, down from $1,637 million at the end of 2025
The company spent $20 billion on capital expenditure during the third quarter, including $16 billion on AI infrastructure
Summary
01 Tesla and SpaceX have formed independent committees to explore a merger, but no transaction terms have been agreed. 02 Their disclosed holdings total 30,221 BTC, worth about $2,508 million at $83,000 per Bitcoin, and would rank sixth among public corporate treasuries. 03 JPMorgan sees strategic benefits but warns that Chinese regulatory hurdles and shareholder approval could complicate the proposed merger. Elon Musk confirmed that Tesla and SpaceX are exploring a merger that could combine their existing Bitcoin holdings under one company. Speaking during SpaceX's Oct. 20 earnings call, Musk said both companies had established special committees of independent directors to evaluate a potential combination.