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31 July 2021

SpaceX Has Bitcoin On Its Balance Sheet, Elon Musk

SpaceX Has Bitcoin On Its Balance Sheet, Elon Musk


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Confirming that the rocket company SpaceX held bitcoins, Musk said that the company is not selling the digital asset anytime soon.

While it was public knowledge that Tesla held the digital asset after it had started receiving payments in the asset for its electric cars earlier in the year, there had been no confirmation if the billionaire’s other company SpaceX held any of the digital assets.

Talking about this decision and if there was any chance of Tesla going back to accepting bitcoin payments, Musk explained that the company would most likely resume accepting the digital asset as a method of payment

Although Musk has now confirmed that SpaceX holds the digital asset, the billionaire did not disclose how much of the digital asset the rocket ship company currently holds on its balance sheet.

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