Elon Musk could become a top 5 corporate bitcoin holder if Tesla and SpaceX merge

CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion. What to know : Elon Musk is exploring a potential merger of Tesla and SpaceX, a move that would deepen operational overlap in areas such as power infrastructure and AI-related computing. A combined Tesla-SpaceX entity would control about 30,221 bitcoin, worth roughly $3.3 billion, making it the fifth-largest public corporate holder of the cryptocurrency. The talks come as SpaceX prepares to begin trading on Nasdaq following its merger with Musk’s AI company xAI, though neither Tesla nor SpaceX has publicly confirmed any merger plans.