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SpaceX owned by Elon Musk Holds $603 Billion in Bitcoin Despite Losing $5 Million on xAI
Although Elon Musk's AI company, xAI, reported a loss of $5 billion, reports show that SpaceX still holds an investment of $603 million in Bitcoin. This amounts to approximately 14,000 BTC – a significant position.
Interestingly, despite repeatedly hinting at Bitcoin on social media, Elon Musk has never publicly sold SpaceX's BTC. This could be a signal that he still values Bitcoin as a long-term store of value.$BTC