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Elon Musk’s Proposed Tesla-SpaceX Merger Would Forge a Bitcoin Powerhouse

Pile of physical souvenir Bitcoin coins
File photo antanacoins / Flickr · CC BY-SA 2.0 · Source

The Quick Take

Elon Musk has publicly endorsed a potential merger between Tesla and SpaceX, a combination that would consolidate 30,221 BTC worth approximately $2.54 billion. During SpaceX’s third-quarter earnings call, Musk acknowledged serious shareholder hurdles while outlining the advantages of joining his companies. Meanwhile, another question persists: Why hasn’t Tesla resumed bitcoin payments after mining

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