SpaceX holds 18,712 BTC and Tesla 11,509 BTC, so a combined company would hold 30,221 BTC; Elon Musk confirmed on SpaceX's third-quarter call that the companies are exploring a merger, though special committees have agreed no terms. CoinDesk
coindesk.comElon Musk confirms SpaceX and Tesla merger talks as shares jumpIndependent committees are assessing a potential tie-up, while strong SpaceX earnings lift shares ahead of Tesla’s results.
How should a corporate treasury of that size be read: as a signal, or just as balance-sheet housekeeping?
