Elon Musk is considering a merger between SpaceX and Tesla, which together hold 30,221 BTC worth roughly $2.5 billion. Tesla reported 11,509 BTC in its latest quarterly filing, while SpaceX disclosed 18,712 BTC in the S-1 it filed ahead of its June IPO. The combined acquisition cost is estimated at around $1 billion, implying an average purchase price of roughly $35,000 per bitcoin. A merger would create one of the largest non-mining corporate Bitcoin reserves, but both boards have stressed that a transaction is not certain. Neither company has announced plans to buy or sell bitcoin.
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