As a seasoned crypto investor and tech enthusiast with a knack for spotting trends, I find Elon Musk’s SpaceX holding $500 million worth of Bitcoin intriguing. With my years of experience in the market and my fascination with space exploration, it seems like a perfect fusion of two revolutionary domains that are reshaping our future.
Based on information from Arkham Intelligence, it appears that the Bitcoin holdings of Elon Musk’s Bitcoin-owning space rocket enterprise make up a substantial portion.
In simple terms, this week marked a significant milestone in space exploration as SpaceX, a prominent player in aerospace technology, carried out the first commercial spacewalk ever. During the mission, American entrepreneur and SpaceX engineer Sarah Gillis ventured out into space at an altitude of more than 700 kilometers above Earth.
That event was widely celebrated by social media users on the X platform that belongs to Elon Musk.
For this week, the tech magnate reiterated his intentions to send spacecrafts towards Mars, a destination he’s been aiming for years as an expansion of human awareness beyond Earth. Musk indicated on Twitter that if all goes smoothly, unmanned spacecrafts could embark for Mars in the next two years.
During that timeframe, the two planets will have their minimum separation. Should the spaceships successfully touch down on Mars without incident, then in approximately two more years, the first groups of humans will embark on a journey to Mars, ultimately founding an independent city on the planet.
Indeed, as per Musk’s latest tweets, he finds a number of administrative obstacles that currently hinder additional SpaceX test flights.
As an analyst, I’ve recently discovered that both SpaceX and another company owned by Elon Musk, Tesla, have a modest amount of Bitcoin in their reserves. At present, the value of SpaceX’s Bitcoin hoard is estimated to be approximately $500 million according to my latest calculations.
🇺🇸 Elon Musk’s SpaceX holds $500 million worth of #Bitcoin 🤯
— Vivek⚡️ (@Vivek4real_) September 14, 2024
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2024-09-14 23:11