SpaceX Transfers $268 Million in Bitcoin After Three-Month Hiatus

SpaceX Transfers $268 Million in Bitcoin After Three-Month Hiatus

SpaceX moves another $134 million in Bitcoin on October 24, 2025, continuing its internal wallet reorganization strategy and securing digital assets for operational purposes.

BTC

Fact Check
The assessment is based on strong, consistent evidence from multiple relevant sources. Two independent, crypto-focused news outlets, Crypto Briefing and Coinpedia, directly report on the event. Both sources state that a SpaceX-linked wallet transferred Bitcoin worth approximately $268 million. The Crypto Briefing article explicitly corroborates the detail that this was the first on-chain activity in three months. While there is a minor discrepancy in the exact number of Bitcoins reported (2,495 vs. 2,395), the core facts of the transfer—the entity (SpaceX), the value (~$268 million), and the timing—are consistent across these sources. The official SpaceX websites do not contain this information, but their silence is expected as large corporations typically do not publicize specific financial transactions or cryptocurrency movements on their main public-facing websites. The absence of information from these official but irrelevant sources does not contradict the claim. The strong agreement between the two specialized, relevant sources makes the statement highly probable.
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Summary

On October 24, 2025, SpaceX transferred $134 million in Bitcoin as part of its ongoing internal wallet management strategy. This followed a previous transfer of $268 million earlier in the week. SpaceX now holds around 6,970 BTC, reinforcing its ongoing consolidation of digital assets for security and operational efficiency.

Terms & Concepts
  • BTC (Bitcoin): A decentralized digital currency without a central bank, transferred via the peer-to-peer Bitcoin network.
  • Coinbase Prime Custody: A custody service by Coinbase designed for institutional clients to securely store large amounts of cryptocurrency.
  • Internal Reorganization (Crypto Funds): The movement of cryptocurrency between addresses owned by the same entity, often for security, restructuring, or operational purposes.