Elon Musk-Linked Companies’ Bitcoin Holdings Quietly Climb Past $2 Billion
As Bitcoin hovers near record highs, companies tied to Elon Musk are quietly sitting on massive crypto profits.
Between Tesla and SpaceX, the estimated value of their Bitcoin reserves now exceeds $2 billion, marking a significant return on investments made during the early 2021 bull cycle.
Tesla first entered the Bitcoin market in February 2021, acquiring 11,509 BTC at an average price just above $33,500. With current valuations, the automaker’s stash is now worth around $1.25 billion, representing a gain of more than 220%. SpaceX, meanwhile, is reported to hold 8,285 BTC, translating to roughly $896 million in value.
These numbers place Tesla among the top 10 corporate holders of Bitcoin, behind giants like MicroStrategy, which leads with a staggering 592,345 BTC. Other major players in the top tier include MARA Holdings, Riot Platforms, and Galaxy Digital.
While Musk hasn’t made any recent public moves regarding crypto, his companies’ early exposure continues to pay off — a quiet but powerful reminder of how institutional adoption has reshaped Bitcoin’s narrative.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
