Tesla–SpaceX merger talks could put 30,221 Bitcoin under one roof
Summary
Elon Musk said Tesla and SpaceX have formed independent committees to consider a merger, though no terms have been agreed and a deal may not happen. The combination could bring together their AI, chip and manufacturing operations and consolidate 30,221 BTC, worth about $2.5 billion at a Bitcoin price of $83,000. The companies have different Bitcoin histories: Tesla sold most of its holdings in 2022, while SpaceX has retained its position. SpaceX’s heavy AI infrastructure spending may shape how a merged company manages its crypto reserves. JPMorgan has suggested an all-stock deal could offer Tesla shareholders a 30%–35% premium, while Chinese regulatory approval may be a major hurdle.
