Elon Musk’s SpaceX Holds More Bitcoin Than Expected, SEC Filing Reveals

May 26, 2026

During a recent episode of “Bloomberg Crypto,” Ed Ludlow from Bloomberg discussed how Elon Musk’s SpaceX holds a significant amount of Bitcoin on its balance sheet. According to Ludlow, SpaceX owns more than double the amount of Bitcoin compared to Tesla, another company founded by Musk.

SpaceX’s Bitcoin holding is significant because it shows Musk’s continued interest and investment in the cryptocurrency market. While Tesla made headlines earlier this year for buying $1.5 billion worth of Bitcoin, SpaceX’s larger holding indicates that Musk is diversifying his company’s investments in digital assets.

The news of SpaceX’s Bitcoin holding comes amidst a surge in interest in cryptocurrencies from major companies and institutional investors. Companies like MicroStrategy and Square have also added Bitcoin to their balance sheets, viewing it as a store of value and a hedge against inflation.

Musk’s involvement in the cryptocurrency market has been a topic of much discussion and speculation. His tweets about cryptocurrencies like Bitcoin and Dogecoin have caused significant price fluctuations in the market and have garnered attention from regulators.

While SpaceX’s Bitcoin holding is a positive sign for the cryptocurrency market, it also raises questions about the risks associated with holding digital assets on a company’s balance sheet. The volatility of cryptocurrencies, regulatory uncertainties, and security concerns are all factors that companies must consider when investing in digital assets.

Overall, SpaceX’s significant Bitcoin holding is a clear indication of Musk’s belief in the long-term potential of cryptocurrencies. As the market continues to evolve and mature, more companies may follow in SpaceX’s footsteps and add digital assets to their balance sheets as a way to diversify their investment portfolios.