Musk's Tesla-SpaceX merger could create top crypto holder

Elon Musk is reportedly exploring a merger between Tesla and SpaceX, a move that would significantly consolidate his tech empire. If successful, the combined entity would hold approximately 30,221 bitcoin, valued at around $3.3 billion. This would position the merged company as the fifth-largest corporate holder of bitcoin globally, surpassing current holdings of individual companies like Marathon Digital. The potential merger is fueled by increasing operational overlap, particularly in power infrastructure and AI computing, and comes as SpaceX prepares for a Nasdaq listing. While neither company has confirmed the discussions, the prospect highlights Musk's continued influence on the cryptocurrency market.