SpaceX, Elon Musk’s aerospace giant, has once again crossed the $1 billion mark in its bitcoin holdings, coinciding with a fresh record high for the world’s largest cryptocurrency.
Blockchain analytics firm Arkham Intelligence revealed that SpaceX currently holds 8,285 BTC — worth around $1.02 billion as of August 14, 2025. This milestone comes as bitcoin surged over 3% to $124,300, briefly pushing its market cap to $2.452 trillion and even overtaking Google’s $2.448 trillion before the tech giant reclaimed the spot.
It’s not the first time SpaceX has been in the billion-dollar BTC club. Back in April 2021, the company owned roughly 28,000 BTC valued at $1.8 billion. However, it sold about 70% of its holdings in mid-2022 after market shocks such as the Terra-Luna collapse and the FTX bankruptcy. Since then, SpaceX has not made new bitcoin purchases.
Tesla, Musk’s electric vehicle company, also reduced its bitcoin exposure during the same period. Tesla now holds 11,509 BTC, valued at approximately $1.42 billion.
The latest bitcoin rally was fueled by investor optimism over a potential U.S. interest rate cut in September, following softer-than-expected July inflation data. Paul Howard, senior director at crypto market maker Wincent, noted that stable inflation boosts the odds of rate adjustments, which in turn drives demand for major cryptocurrencies like bitcoin and Ethereum.
With both SpaceX and Tesla holding significant BTC reserves, Musk’s ventures remain closely tied to the fortunes of the cryptocurrency market — adding another layer of intrigue to the billionaire’s business empire.
