Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Elon Musk’s Firms Own $2B in Bitcoin

Elon Musk’s Firms Own $2B in Bitcoin

2025/06/28 06:56
By:
  • Tesla & SpaceX have invested ~$2B in BTC at ~$32K per coin.
  • Combined unrealized profit is nearly $1.5B on those holdings.
  • The buys highlight Musk’s strong confidence in Bitcoin’s future.

Elon Musk has once again shown his strong belief in digital assets. Tesla and SpaceX, two of his most prominent companies, have collectively invested over $2 billion in Bitcoin . These investments were made at an average price of about $32,000 per BTC , positioning the companies well for significant long-term gains.

This move demonstrates a strategic alignment with the cryptocurrency sector, further solidifying Musk’s role as one of the most influential figures in the crypto space.

Huge Gains on Paper

With Bitcoin currently trading well above their average entry point, both companies are seeing massive unrealized gains. The combined profit is estimated at nearly $1.5 billion, making this one of the most profitable corporate Bitcoin investments to date.

These figures highlight the potential rewards for corporations that decide to integrate digital assets into their financial strategies.

ELON MUSK’S COMPANIES OWN $2 BILLION IN BITCOIN

Tesla and SpaceX hold over $2 BILLION of BTC combined. They purchased this at an average price of ~$32K.

Combined, Elon’s companies are up almost $1.5 BILLION on Bitcoin. pic.twitter.com/w8jofpTYNA

— Arkham (@arkham) June 27, 2025

Implications for Crypto Adoption

Elon Musk’s involvement in Bitcoin isn’t just about profits—it’s a signal to the broader market . When high-profile business leaders make such significant investments, it often paves the way for more institutional adoption.

As crypto continues to mature, moves like this may become the norm rather than the exception.

Read also:

  • Elon Musk’s Firms Own $2B in Bitcoin
  • Ric Edelman Urges 10%–40% Crypto Allocation in Portfolios
  • Bolivia’s Crypto Transactions Hit $430M After Ban Lift
  • ETF Surge: $501M Bitcoin & $77M Ethereum Inflows
  • Bitcoin Futures Volume Hints at Leverage-Driven Rally
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

French cognac brands can avoid China’s full tariffs on one condition

Share link:In this post: China will impose up to 34.9% tariffs on EU brandy starting July 2025, but major French cognac brands like Hennessy and Rémy Martin can avoid them by agreeing to minimum price terms. The move follows a year-long investigation, seen as retaliation for EU tariffs on Chinese EVs. Industry leaders prefer the price deal over full tariffs, though some worry it may lead to slight price hikes.

Cryptopolitan2025/07/04 23:20

US weighs AI chip export curbs on Malaysia and Thailand

Share link:In this post: The Trump administration is considering export controls on Malaysia and Thailand to prevent chip smuggling. The Commerce Department claimed it would formulate a strategy to replace the AI diffusion rule. Jensen Huang believes there’s no chip diversion.

Cryptopolitan2025/07/04 23:20
US weighs AI chip export curbs on Malaysia and Thailand

European Commission dismisses calls to pause AI law, sticks to original timeline

Share link:In this post: The European Commission has rejected calls from major tech firms to delay its AI Act. It confirmed that the legislation will proceed on its original timeline with no pause or grace period. Provisions for general-purpose AI models begin in August 2025, and high-risk AI obligations will follow in August 2026.

Cryptopolitan2025/07/04 23:20
European Commission dismisses calls to pause AI law, sticks to original timeline