The news that Tesla and SpaceX, owned by Elon Musk, may merge, resonated in the cryptocurrency markets and the technology world. According to information obtained by CNBC, the possibility of a merger of the two companies is being discussed by Musk in his inner circle. A Tesla employee said that such a move has been expected for a long time within the company and that the issue has been openly discussed.
Possible effects of the merger
This move, which is talked about behind the scenes, may lead to important developments not only in the field of electric vehicles and space technologies, but also in the cryptocurrency market. The reason is that the amount of Bitcoin the combined company will hold will make it one of the largest institutional Bitcoin holders in the world. Based on available data, Tesla and SpaceX’s potential combined Bitcoin reserves appear to be large enough to push the combined company into fifth place among institutional investors.
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In particular, there is talk of a large Bitcoin treasury following MicroStrategy led by Michael Saylor, crypto investment company Twenty One Capital, Jack Mallers’ Bitcoin project, and mining companies Metaplanet and Marathon Digital Holdings.
| Company | Bitcoin Ranking | About the Holding |
|---|---|---|
| MicroStrategy | 1 | Has the highest portfolio |
| Twenty One Capital | 2 | large scale investor |
| Jack Mallers Ventures | 3 | Bitcoin focused start-up |
| metaplanet | 4 | Bitcoin mining company |
| Tesla + SpaceX | 5 | After the expected merger |
| Marathon Digital | 6 | global mining company |
Convergence in artificial intelligence and energy infrastructure
The operational partnership between the two companies is not limited to rumors. The recent convergence in energy infrastructure and artificial intelligence applications has increased cooperation. Following SpaceX’s merger with Elon Musk’s artificial intelligence company xAI, its private market valuation reached approximately $1.25 trillion. SpaceX is expected to begin trading on Nasdaq next month.
This development will lead to further integration of Musk’s network of companies ranging from electric vehicles to space technologies and cryptocurrency. However, no official merger decision has been announced by Tesla or SpaceX so far.
It will stand out with its large Bitcoin reserves
It is known that Tesla activated the use of cryptocurrency in vehicle sales payments for a while after announcing Bitcoin purchases in 2021, but suspended this opportunity due to the environmental effects of Bitcoin mining. Despite this, Elon Musk continues to be among the figures that affect price fluctuations in both Bitcoin and cryptocurrencies such as DOGE with his statements on social media.
An employee of Tesla said that the merger has been discussed within the company for a long time and that many employees have been waiting for this development. CNBC, on the other hand, stated in its news based on internal sources that Elon Musk has brought up this possibility more openly recently.
