New analysis from Arkham Intelligence reveals that Tesla and SpaceX now hold a combined total of over $2 billion in Bitcoin, positioning Elon Musk’s companies as two of the most prominent institutional BTC holders. Acquired at an average price of approximately $32,000 per coin, their positions are currently sitting on nearly $1.5 billion in unrealized profit as Bitcoin trades well above that level.
Tesla’s Bitcoin investment has been public knowledge since early 2021, when the automaker disclosed a $1.5 billion BTC purchase and briefly accepted Bitcoin payments for vehicles. SpaceX’s holdings, however, remained largely under the radar—until now.
Arkham’s latest findings link previously unidentified wallets to SpaceX, shedding light on a significant but previously undisclosed position in the cryptocurrency. Together, the two firms’ Bitcoin holdings highlight a long-term strategy of accumulation and patience.
Rather than actively trading in and out of BTC positions, both Tesla and SpaceX appear to have held their Bitcoin through market cycles, demonstrating confidence in the long-term value proposition of the asset. That strategy now seems to be paying off handsomely.
Their substantial gains also help create a psychological support level in the market. With major corporate players like Musk’s companies deeply in profit, investors may feel reassured about Bitcoin’s price resilience.
With Bitcoin on their balance sheets, Tesla and SpaceX gain more than just upside potential—they also gain strategic financial flexibility. Options such as crypto-backed loans, strategic hedging, and blockchain-based financing become accessible, adding layers of versatility not possible with fiat or short-term treasuries alone.
This public confirmation of SpaceX’s holdings may also lead to renewed speculation about other corporate players with hidden or undisclosed crypto assets. If SpaceX could go unnoticed, other firms might also be quietly accumulating.
Meanwhile, Michael Saylor and his firm MicroStrategy continue to stand out as Bitcoin’s most vocal and consistent corporate buyer. According to a new report, MicroStrategy has made 21 separate Bitcoin purchases in 2024 alone, with 20 of them currently in profit—further cementing Saylor’s reputation as the most successful institutional BTC accumulator.
While Musk has stayed relatively quiet on Bitcoin in recent months, the enduring presence of BTC on Tesla and SpaceX’s books suggests a continued commitment behind the scenes.
June 2025, Cryptoniteuae