Elon Musk's SpaceX Moves Bitcoin Ahead of Potential Record IPO

Privately held aerospace company SpaceX moved more than $94 million in Bitcoin on Wednesday, according to on-chain data, ahead of reported plans to go public in 2026. Bitcoin addresses labeled as belonging to SpaceX by blockchain analytics firm Arkham Intelligence transferred around 1,021 BTC in total to two addresses, broken into amounts of 407 BTC and 614 BTC.  “SpaceX just transferred $94 million of BTC. They have been moving around $100 million of BTC every week for around the past two months now,” Ark ...