SpaceX’s Bitcoin Fortune Soars Past $1B as BTC Smashes ATH – Here’s What You Missed!

Elon’s rocket money just got a crypto turbocharge.

SpaceX’s Bitcoin stash now tops $1 billion after the digital asset’s latest all-time high—proving even billionaires FOMO into moon missions. Here’s the breakdown.

The Bullish Backstory

When your side hustle involves launching satellites, why not park some profits in decentralized digital gold? SpaceX’s BTC bet now looks like a masterstroke—or just another hedge against fiat’s slow-motion collapse (looking at you, Fed).

Why This Matters

Corporate treasuries flipping to crypto isn’t new—but when a company literally shooting for Mars does it, the signal’s clearer than a SpaceX landing burn. Institutions keep eating Bitcoin’s supply while retail traders fight over memecoins. Classic.

The Bottom Line

Another ATH, another boardroom realizing hodling beats day-trading. Meanwhile, Wall Street still can’t decide if Bitcoin’s a ‘risk asset’ or the only insurance against their own monetary malpractice.

Key Takeaways

SpaceX’s Bitcoin holdings topped $1 billion after Tesla posted crypto profits of over $284 million, fueled by Bitcoin’s record rally. 

SpaceX once again crossed the billion-dollar mark in bitcoin [BTC] holdings after the cryptocurrency’s price hit a fresh all-time high on 13 August.

SpaceX’s Bitcoin story

According to Arkham Intelligence’s data, Elon Musk’s aerospace company currently holds 8,285 BTC, with an estimated market value of around $1.02 billion.

While impressive, this isn’t uncharted territory for SpaceX though. In fact, its Bitcoin stash once soared to a staggering value of $1.8 billion in April 2021. At the time, it held nearly 28,000 BTC.

The company first entered the crypto market on 31 December 2020. While it made its last purchase in June 2022, it has since held firm on its investment strategy.

Here, it’s worth pointing out that this coincided with Tesla posting a profit of $284 million from its BTC holdings in Q2 2025 – A sharp turnaround from the $125 million loss a quarter prior.

The upbeat result came alongside a broader earnings surge too, with the net income climbing to $1.2 billion – Nearly triple the figures of $409 million booked in Q1.

All about Bitcoin’s price action

SpaceX’s windfall also aligned with Bitcoin’s latest rally to an all-time high of $124,500, before it fell by over 3% to trade at under $119,000 at press time. Thanks to the aforementioned rally, Bitcoin’s market cap climbed to $2.452 trillion. In doing so, it surpassed Google’s market cap of $2.448 trillion and secured its position as the fifth-largest asset globally.

Commenting on the market’s trajectory, Bitcoin OG Samson Mow hinted at two possible paths for the asset in the long run. According to him, Bitcoin could build on its recent gains OR face potential macroeconomic hurdles going forward. 

Source: Samson Mow/X

What this means is that Bitcoin’s recent surge has not only boosted institutional portfolios like SpaceX’s, but also sparked a notable shift in network dynamics.

While short-term traders appear to be eager to lock in gains, consistent accumulation by whales and long-term holders alludes to growing conviction in BTC’s future trajectory.

If this momentum persists, the market could see further upside, driven by deep-pocketed investors betting on sustained strength.