Ceo Of Spacex Said That The Company Has Bought Bitcoin

Elon Musk, the CEO of SpaceX, said the company has bought bitcoin while speaking at the B word digital conference this Wednesday.⁠
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“I do own bitcoin and Tesla owns bitcoin, SpaceX owns bitcoin,” Musk said. “I emphasize SpaceX, Tesla and I own bitcoin, I also own some eth and doge, SpaceX and Tesla own only bitcoin.”⁠
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This is the first time it has been revealed that SpaceX, the private company itself, owns bitcoin with Musk not specifying just how many or when they bought.⁠
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It may well be around the same time Tesla did back in February when they bought $1.5 billion worth of bitcoin, but no further information is known except the now confirmed fact that SpaceX has bitcoin in its treasury reserves.⁠
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The reason may be due to negative interest rates particularly in Europe with Musk expressing incredulity that the balance in the bank account shrinks.⁠
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He said it is somewhat bearable when you get 1% on your savings while inflation is 2%, but seeing the capital itself go down is very much something else.⁠
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However this was in a general discussion, not specific to SpaceX’s decision to hold bitcoin, with Musk mentioning that more in the context of stating he is a supporter of bitcoin as he, SpaceX and Tesla holds it.⁠
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“You know, I might pump, but I don’t dump,” Musk said following a spring and summer of speculation regarding whether Tesla sold.⁠
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It now appears very clear: not only Tesla hasn’t sold, but SpaceX has bought as Musk says he wants to see bitcoin succeed.⁠
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