Elon Musk’s Tesla-SpaceX Merger Could Create Massive Bitcoin Treasury

Elon Musk could soon oversee one of the largest corporate Bitcoin holdings in the public market if Tesla and SpaceX move forward with a potential merger reportedly being discussed internally. According to recent reports, conversations about combining the two companies have gained momentum as collaboration between Tesla and SpaceX continues to expand.

CNBC reported that Musk has spoken with colleagues about merging Tesla and SpaceX, citing sources familiar with the matter. A Tesla employee reportedly said many workers have expected such a deal for years, while another insider claimed the companies are increasingly connected through artificial intelligence infrastructure, energy systems, and computing resources.

If the merger happens, the combined business would control approximately 30,221 BTC, currently valued at around $3.3 billion. Tesla holds 11,509 Bitcoin, while SpaceX reportedly owns 18,712 BTC based on public filings and blockchain treasury data.

The merger would instantly position the new company among the world’s largest corporate Bitcoin holders. Only firms such as Michael Saylor’s Strategy, Twenty One Capital, Metaplanet, and Marathon Digital Holdings would reportedly hold larger Bitcoin reserves.

SpaceX is also expected to begin trading publicly on the Nasdaq next month after reaching a private valuation near $1.25 trillion following its merger with Musk’s AI company, xAI. A Tesla-SpaceX merger would further strengthen Musk’s growing network of technology businesses across electric vehicles, artificial intelligence, aerospace, payments, and communications.

Neither Tesla nor SpaceX has officially confirmed plans for a merger. However, the possibility has sparked major interest in both the cryptocurrency market and corporate Bitcoin adoption trends.

Tesla first invested in Bitcoin in 2021 and briefly accepted BTC payments before suspending the option due to environmental concerns surrounding Bitcoin mining. Musk remains one of the crypto industry’s most influential figures, frequently impacting Bitcoin and Dogecoin prices through public comments and social media activity.