Tesla-SpaceX Merger Talks Could Combine 30,221 Bitcoin

Elon Musk confirmed on SpaceX’s October 20 earnings call that Tesla and SpaceX have each formed special committees of independent directors to evaluate a potential merger, a combination that would bring 30,221 Bitcoin under a single corporate roof, according to Cryptoslate . Musk said he considers the combination a good idea but is not participating in negotiations due to his ownership stakes in both firms. The combined Bitcoin holdings would rank sixth among publicly traded corporate treasuries, behind Strategy, Metaplanet, Twenty One Capital, MARA Holdings, and Strive, based on BitcoinTreasuries’ October 21 rankings and the companies’ disclosed holdings.