Musk’s SpaceX holds $603 million in bitcoin despite $5 billion loss stemming from xAI
Summary
According to Arkham Intelligence data, SpaceX holds 8,285 BTC, currently valued at $603 million, stored within Coinbase Prime. Despite generating $18.5 billion in revenue, the company reported a $5 billion loss in 2025, largely attributed to costs associated with integrating Elon Musk’s AI venture, xAI. SpaceX has chosen not to liquidate its bitcoin holdings, signaling continued confidence in the asset as a treasury reserve despite the company's financial downturn and ongoing preparations for an IPO.
(Source:CoinDesk)