[Analysis: If Tesla and SpaceX Merge, They Will Become the Fifth Largest Corporate Bitcoin Holder Globally] According to CoinDesk, CNBC reported on Tuesday, citing informed sources, that Elon Musk is exploring the possibility of merging Tesla and SpaceX. A Tesla employee stated that there has been a long-standing internal expectation within the company that such a transaction would eventually occur. The increasing overlap between the two companies in the fields of power infrastructure and AI computing has driven deeper collaboration. This potential merger would also create one of the largest corporate Bitcoin treasuries in the world. Based on public disclosures and blockchain treasury tracking data, Tesla currently holds 11,509 Bitcoins, while SpaceX holds 18,712 Bitcoins. After the merger, the combined entity would control 30,221 Bitcoins, valued at approximately $3.3 billion at current prices. This total would make the merged company the fifth largest publicly listed corporate Bitcoin holder globally. Neither Tesla nor SpaceX has publicly confirmed any merger plans.