Tesla SpaceX Merger Would Create Giant Bitcoin Treasury

A reported merger discussion between Elon Musk's Tesla and SpaceX could have a substantial impact on the cryptocurrency market. According to recent reports, the two companies are exploring a potential tie-up that would link two of Musk's most watched companies.

The combined entity would hold a significant amount of bitcoin, with a total of 30,221 coins worth approximately $3.3 billion at current prices. This would place the merged group in the top tier of public corporate bitcoin holders, alongside other notable names such as Strategy and Twenty One Capital.