Arkham stated that Tesla currently still holds about 11,500 BTC. During the 2022 LUNA crash, it sold most of its Bitcoin, retaining only about 20% of the initial purchase amount. Arkham also claimed to have identified SpaceX's related BTC wallets. Over the past 4 months, Tesla and SpaceX have combined for an estimated paper loss of about $1.15 billion, roughly 1% of Elon Musk's net worth.