SpaceX holds $603m in Bitcoin on Coinbase Prime

SpaceX holds $603m in Bitcoin on Coinbase Prime

Tech in Asia·2026-04-12 11:01

SpaceX held 8,285 BTC worth about US$603 million in Coinbase Prime custody, according to Arkham Intelligence data, even as it reported a nearly US$5 billion loss for 2025 after xAI integration costs outpaced US$18.5 billion in revenue.

Blockchain transfer data showed no change in the company’s bitcoin position, with the last notable movement about four months ago, when 614 BTC and 1,021 BTC shifted between SpaceX-controlled wallets.

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