Tesla-SpaceX Merger Talks Could Combine 30,221 Bitcoin
- —SpaceX holds 18,712 BTC and Tesla owns 11,509 BTC as of June 30
- —Combined reserves are worth about $2.5 billion at $83,000 per bitcoin
- —The deal requires backing from 50% of all outstanding Tesla shares
- —JPMorgan flagged Chinese regulatory approval as the biggest obstacle
Why it matters: A merged treasury would rank sixth among public companies, shaping how one of the largest corporate bitcoin reserves is managed.
Source: BitcoinWorld