Elon Musk’s SpaceX Transfers Bitcoin for First Time Since July
SpaceX Bitcoin transfer activity has resumed after three months of silence, and right now it’s drawing attention across crypto markets. On October 21, Elon Musk’s aerospace company moved around $268 million worth of Bitcoin—the first major movement since July. The SpaceX Bitcoin transfer involved 2,395 BTC split between two wallets, and analysts are viewing it as an internal reshuffle rather than a sale to exchanges. Also Read: Rocket Lab (RKLB) Jumps as Morgan Stanley Sets $68 Target, Cites SpaceX Link SpaceX Bitcoin Transfer Highlights Corporate Holdings And Market Trends Source: Chris Ratcliffe / Bloomberg The SpaceX Bitcoin transfer was split into two parts at the time of writing. Around 1,298 BTC worth $139.7 million was sent to one address. At the same time, 1,197 BTC valued at approximately $128.8 million went to another wallet. Both addresses remain inactive with no outflows recorded, according to SpaceX latest news reports. Before the main Bitcoin transfer, two sma...