• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Tesla and SpaceX: Elon Musk's Bitcoin Assets Exceed $2 Billion

user avatar

by Giorgi Kostiuk

7 hours ago

Tesla and SpaceX, managed by Elon Musk, own significant Bitcoin assets. The total value of these holdings exceeds $2 billion.

Overall Bitcoin Holdings of Both Companies

Tesla and SpaceX collectively hold Bitcoin worth over $2 billion. Estimates show both companies purchased Bitcoin at around $32,000, yielding approximately $1.5 billion in profits.

Bitcoin Holdings of SpaceX

As of February 1, 2021, SpaceX owns 8,285 Bitcoins, with a current market value estimated at approximately $896 million.

Bitcoin Holdings of Tesla and Their Rank Among Public Companies

Tesla holds 11,509 Bitcoins, having started purchasing them on February 8, 2021. The average purchase price was reported at $33,539, with a profit of 222.62%. Tesla's current Bitcoin portfolio market value is around $1.25 billion, placing it 8th among public companies with the most Bitcoins, alongside MicroStrategy, MARA Holdings, and others.

Thus, Elon Musk's companies have significantly strengthened their positions in the cryptocurrency market by making large investments in Bitcoin, reflecting positively on their financial results.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Cryptocurrency Project Ruvi AI: Prospects and Innovations

chest

Ruvi AI is an innovative crypto project offering real opportunities and high growth potential for investors.

user avatarGiorgi Kostiuk

Bitcoin Holdings of Tesla and SpaceX: Total Value Surpasses $2 Billion

chest

The combined Bitcoin reserves of Tesla and SpaceX have reached $2 billion, showing significant returns from initial investments.

user avatarGiorgi Kostiuk

Decline of Trading Volumes in the Cryptocurrency Market and Its Implications

chest

The cryptocurrency market shows a significant decline in trading volumes, raising concerns about potential stagnation. What does this mean for future trends?

user avatarGiorgi Kostiuk

Solana and Mutuum Finance: Prospects and Trends in the Crypto Industry

chest

Overview of the Solana and Mutuum Finance market, analysis of growth and future forecasts.

user avatarGiorgi Kostiuk

Weak Trading Volume in Cryptocurrency Markets: What Does it Mean for Investors?

chest

Trading volumes in the cryptocurrency markets have significantly decreased, raising concerns among players. Find out what analysts predict for the market's future.

user avatarGiorgi Kostiuk

Cryptocurrencies: XRP and PEPE Under Pressure, Unstaked Successfully Attracts Investor Attention

chest

XRP and PEPE face resistance and large holder sell-offs, while Unstaked successfully wraps its presale.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.