Elon Musk’s SpaceX Reveals Bitcoin Holdings Amid Ambitious Mars Mission

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Cryptodnes2024/09/15 17:15

By:Cryptodnes

Recent data from Arkham Intelligence reveals that SpaceX, the aerospace company founded by tech billionaire Elon Musk, holds a substantial amount of Bitcoin.

This week, SpaceX achieved a major milestone by completing its first commercial spacewalk. The event featured Sarah Gillis, a SpaceX engineer and American entrepreneur, venturing into space at over 700 kilometers above Earth.

The achievement garnered significant attention and praise on X, the social media platform owned by Musk.

In addition, Musk has announced plans to advance space exploration further. He aims to send uncrewed spacecraft to Mars within two years, aligning with the period when Earth and Mars will be closest.

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If successful, crewed missions could follow, with the goal of establishing a self-sustaining colony on Mars. Musk has expressed frustration over the bureaucratic obstacles facing SpaceX’s upcoming trials.

Meanwhile, SpaceX, like Musk’s other company Tesla, holds a notable Bitcoin reserve. According to Arkham Intelligence, SpaceX’s Bitcoin holdings are valued at approximately $500 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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