Elon Musk has a huge impact on cryptocurrencies with his statements and posts. At this point, while investors are wondering how much cryptocurrency Musk and his companies have, Arkham Intelligence made a post about SpaceX.

Arkham said Elon Musk’s aerospace and satellite communications company SpaceX is optimistic about space exploration and has launched the four-person crewed Polaris Dawn to attempt the world’s first private spacewalk.

Arkham also wrote that SpaceX and its CEO Musk are optimistic not only about space but also about Bitcoin, and own around $500 million worth of BTC.

According to Arkham data, SpaceX has 8,285 thousand BTC worth $471.48 million and the company has not sold Bitcoin in the last 2 years.

TODAY: SpaceX launched 4 astronauts to attempt the world’s first private spacewalk

But did you know that SpaceX isn’t just bullish on Space?

They’re also bullish on BTC, with almost $500M in holdings pic.twitter.com/SRB1dinixd

— Arkham (@ArkhamIntel) September 10, 2024

*This is not investment advice.