Elon Musk's SpaceX Sold $373M Bitcoin

Elon Musk's SpaceX Sold $373M Bitcoin
Source: Bitcoin.com

Elon Musk's space firm SpaceX wrote down the value of bitcoin it held by a total of $373 million last year and in 2021, the Wall Street Journal reported Thursday. It hasn't been confirmed whether the entire $373 million stash was sold. The timing of SpaceX’s reported Bitcoin sale is also unclear.

SpaceX CEO Elon Musk publicly announced in 2021 that the firm had acquired a certain amount of Bitcoin.

SpaceX is a private aerospace manufacturer and space transportation company founded by Elon Musk, known for its innovation in developing reusable rocket technology and its ambitious goals of space exploration and colonization.

Stay updated with the most important cryptocurrency news and valuable insights, conveniently delivered to your email every day. Subscribe to the TokenInsight mailing list now!

Prefer social media? Follow us on Twitter, or subscribe to our Telegram channel!

If you have news reports or announcements that you want to reach a wider audience, feel free to email us at news@tokeninsight.com

Source

Bitcoin

In This Article

Related News
Bitcoin Layer 2 Stacks to Rollout Nakamoto Upgrade Bitcoin Layer 2 Stacks to Rollout Nakamoto Upgrade
Bitcoin Fees Fall Sharply After Hit the Historically Record on the Havling Day Bitcoin Fees Fall Sharply After Hit the Historically Record on the Havling Day
Real Opportunity for Runes only Comes After the Initial Hype Real Opportunity for Runes only Comes After the Initial Hype
Runes Protocol Sets to Launch at the same time as Bitcoin Halving Runes Protocol Sets to Launch at the same time as Bitcoin Halving
Nomic to Partner with Babylon to Launch Liquid Staking Token for Bitcoin Nomic to Partner with Babylon to Launch Liquid Staking Token for Bitcoin
Latest News More More
3 Hours Ago Tether Partnered with Telegram to Launch USDT Payment
4 Hours Ago Memecoin Shiba Inu Raised $12M From a Private Token Sale
1 Day Ago ZKasino Unilaterally Locks $33M of User Funds for 15 Months, Sparking Widespread Anger
4 Days Ago DA Project Avail Confirmed Token Airdrop Plan
4 Days Ago Tether to Launch New Businesses, Tether Data, Tether Finance, Tether Power, and Tether Edu
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open