SpaceX-Tesla merger talks put 30,000 bitcoin back in focus - CoinDesk
SpaceX and Tesla could announce a merger as soon as December, bringing together about 30,220 bitcoin worth roughly $2.1 billion, Bloomberg reported Thursday.
The boards of both companies and their advisers are working out terms and how the combined entity would be governed, though the announcement could potentially slip into early 2027. The combined bitcoin holdings represent just 0.06 percent of the companies' approximately $3.4 trillion combined market value.
Bitcoin Holdings
SpaceX held 18,712 BTC at the end of September, while Tesla held 11,509, according to their quarterly filings. Both reported those balances unchanged from December 2025. At bitcoin's Friday price near $69,000, the total is valued at about $2.1 billion.
The combined total is larger than previously reported. In January, publicly tracked wallets showed nearly 20,000 BTC between the two companies, with SpaceX credited with about 8,285. The increase comes from better disclosure through official filings.
Merger Obstacles
Artificial intelligence ambitions are central to the merger talks, with plans spanning rockets, driverless cars and humanoid robots. However, a significant obstacle remains how to separate Tesla's large Chinese manufacturing operations from SpaceX's sensitive U.S. government and defense work.
A transaction would require the committee's recommendation and any necessary shareholder approval.
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