How much Bitcoin would a SpaceX-Tesla merger control
As Wall Street signals bullish sentiment for Tesla Inc. (NASDAQ: TSLA) and Space Exploration Technologies Corp. (NASDAQ: SPCX) stock on a potential merger report, their Bitcoin (BTC) holdings could hit over 30,000 coins.
As of October 22, 2026, SpaceX and Tesla collectively control 30,221 Bitcoin, according to data Finbold compiled from CryptoQuant. With BTC trading at about $81,840 at the time of reporting, their BTC trove is worth $2.47 billion.
Specifically, SpaceX holds 18,712 BTC, valued at approximately $1.53 billion at the time of publication.
SpaceX’s Bitcoin balance change over the years. Source: CryptoQuant
Meanwhile, Tesla’s Bitcoin controlled crypto account has 11,509 BTC, with a current market value of $941.89 million.
Tesla’s Bitcoin balance change over the years. Source: CryptoQuant
Worth noting that both Tesla and SpaceX did not sell any BTC during the third quarter of 2026.
Elon Musk supports merger for SpaceX and Tesla on AI push
The unification of Tesla and SpaceX has gained traction among Wall Street analysts, including an upgrade at CLSA.
Furthermore, Elon Musk, CEO of Tesla and founder of SpaceX, endorsed the move during SpaceX’s Q3 2026 investor call on October 20, asserting that combining the two entities holds substantial merit as they navigate the superintelligence singularity.
“I don’t think we necessarily should assume that this merger is a certainty. I think it would be overstating it. Do I think it would be a good idea? Yes,” Musk said.
Bitcoin price performance on October 22
BTC price has gained bullish momentum over the last six months, fueled by institutional demand. Public companies collectively hold more than 1.3 million BTC, according to metrics from CoinGecko, with Tesla and SpaceX representing a relatively small but high-profile share of corporate Bitcoin holdings.
BTC chart for the past 6 months. Source: Finbold
A completed merger would therefore consolidate two of the most closely watched corporate Bitcoin positions under a single company. However, the transaction remains exploratory, and neither special committee has agreed to terms.
Featured image via Shutterstock
