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SpaceX Wallet Springs to Life With $153M Bitcoin Transfer, First Move Since 2022
This is the first recorded outbound transfer since June 10, 2022, when it moved 3,505 BTC (worth some $102 million at the time) to Coinbase.
Updated Jul 22, 2025, 1:54 p.m. Published Jul 22, 2025, 7:33 a.m.
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What to know:
- SpaceX appears to have moved over $150 million worth of bitcoin in its first on-chain activity in more than three years.
- The transaction involved transferring 1,308 BTC from an address tagged by Arkham as belonging to SpaceX to a previously inactive wallet.
- Arkham data show SpaceX still holds 6,977 BTC, valued about $815 million, making it one of the largest corporate bitcoin holders.
A bitcoin wallet apparently owned by SpaceX just moved over $150 million worth of BTC in its first on-chain activity for more than three years, according to data from blockchain analytics platform Arkham .
Arkham shows the 1,308 BTC transaction moved from address 15oKQ7… i7Jf1G, tagged as owned by Elon Musk's rocket company, to a previously inactive wallet, bc1q8k … phartf.
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The transaction is the first recorded outbound transfer since June 10, 2022, when it moved 3,505 BTC (worth $102 million at the time) to Coinbase.
The receiving wallet is unlabeled, and no onward movement has been observed.
According to Arkham, SpaceX still holds 6,977 BTC, valued at approximately $815 million. That puts the company among the largest corporate bitcoin holders globally, behind names like Strategy (MSTR) and Tesla (TSLA), another Musk-owned company.
It remains unclear whether this latest transfer signals a sale, internal treasury reallocation, or something else entirely.
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