Workflow
Elon Musk's SpaceX Shakes Up Bitcoin Market With $133 Million Transfer
Yahoo Finance·2025-10-26 03:16

SpaceX, the space exploration company led by Elon Musk, has reportedly transferred over 133millioninBitcoin(CRYPTO:BTC),causingastirinthecryptocurrencymarket.TheblockchainanalyticsfirmArkhamIntelligencedisclosedthatSpaceXmovedatotalof1,215Bitcointovariousaddresses.Thistransferoccurredmerelydaysafterthecompanyrelocatedasimilarquantitytoaddressesunderitscontrol.OnFriday,thefirmannouncedviaX,SpaceX justmovedfundstotalling133 million in Bitcoin (CRYPTO: BTC), causing a stir in the cryptocurrency market. The blockchain analytics firm Arkham Intelligence disclosed that SpaceX moved a total of 1,215 Bitcoin to various addresses. This transfer occurred merely days after the company relocated a similar quantity to addresses under its control. On Friday, the firm announced via X, “SpaceX just moved funds totalling 133.7 million. They transf ...